Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners

Kazakhstan plans to create a national strategic crypto reserve by requiring bitcoin miners to contribute 10% of mined assets after electricity costs, under a government program that provides subsidized power in exchange for state participation. The initiative, led by President Kassym-Jomart Tokayev, involves a state-linked fund and the National Investment Corporation to manage the reserve, leveraging the country's coal-powered mining infrastructure.