Kazakhstan Ready to Launch National Crypto Reserve and First Crypto City in 2026!

Jakarta, Pintu News – Kazakhstan plans to strengthen its position in the world of digital assets by launching a state-backed crypto reserve and passing a digital assets law by 2026.

The initiative is led by President Kassym-Jomart Tokayev, who emphasized the importance of building a complete digital asset ecosystem in the near future. The move reflects Kazakhstan’s ambition to become a leader in the adoption of digital financial technology in Central Asia.

Presidential Order for the Establishment of Digital Asset Fund

President Tokayev, in his annual address, emphasized the importance of quickly establishing a comprehensive digital asset ecosystem. He instructed the investment arm of the National Bank to establish the State Digital Asset Fund. The fund is designed to accumulate strategic reserves of crypto and tokenized assets, which will support the stability and growth of the country’s digital economy.

With the establishment of this fund, Kazakhstan aims to position itself as a digital finance center in the region. The State Digital Asset Fund will be managed by the National Bank’s investment corporation, which will ensure that digital assets such as Bitcoin (BTC) and Ethereum (ETH) are stored safely and effectively. This is an important step in the country’s long-term strategy for digital economic integration.

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Digital Tenge Launch and CryptoCity Vision

Kazakhstan has started trials of digital tenge in November 2023 and started implementing it in the public budget in mid-2025. The use of digital tenge not only modernizes the financial system but also expands the transparency and efficiency of public funds management.

The digital tenge is expected to play an important role in financing national projects through the National Fund. In addition, President Tokayev announced plans to build a “CryptoCity” in Alatau, a city in the southeast with a population of about 52,000.

It is expected to be the first fully digitalized city in the region, with the integration of crypto payments in everyday life. CryptoCity will be a model for other cities in combining technological advancement with the most favorable living conditions.

First Bitcoin ETF and Digital Asset Expansion

Kazakhstan is not only focused on digital infrastructure development, but also on financial product innovation. The country has launched the first Bitcoin Exchange Traded Fund (ETF), which is a significant step in giving investors wider access to participate in the crypto market. This ETF allows for more stable and diversified investments in crypto assets.

This expansion reflects Kazakhstan’s commitment to strengthening its digital asset ecosystem. By adopting blockchain technology and digital assets, the country seeks to attract global investment and strengthen its position as a digital market leader in the Central Asian region. These measures will hopefully spur further economic growth and innovation.

Conclusion

The initiatives taken by Kazakhstan in developing a digital asset ecosystem demonstrate the country’s long-term vision in utilizing technology for economic advancement.

With this strategic move, Kazakhstan is not only strengthening its financial infrastructure but also setting new standards in the adoption of financial technology at the global level. Going forward, the world may see more innovation and integration of digital assets in various sectors of the economy from this country.

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Reference

• BeInCrypto. Kazakhstan Pushes for National Crypto Reserve by 2026. Accessed on September 9, 2025