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Astana Hub fund

Coverage of Astana Hub fund in the Nexus archive.

Earliest in view: Jul 23 · 14:04 UTCMost recent: Jul 23 · 14:04 UTC
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  • BUSINESSJul 23 · 14:04 UTCBITCOIN MAGAZINE
    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.

Astana Hub fund · Dossier · The Nexus