🇰🇿⛏️ Kazakhstan strengthens its crypto strategy… and builds a national reserve of digital assets.

Kazakhstan has adopted new rules governing strategic mining. Participating companies may benefit from electricity quotas at a capped rate, but will have to return part of the cryptocurrencies they mine to Astana Hub.
These assets will then be managed by a public investment company placed under the authority of the National Bank of Kazakhstan, to feed the country’s future strategic crypto reserve.
This reserve will be able to invest in digital assets, crypto-related derivative products, and shares of companies in the sector.