Re: Everything you wanted to know about Bitcoin Strategic Reserve
Finally, a news about a Nation State Bitcoin Strategic Reserve:
Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins
Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins
Quote
- National Bank Governor Timur Suleimenov says Kazakhstan will pool seized cryptocurrency and state-mined assets into a reserve managed by a central bank affiliate.
- The plan builds on Kazakhstan’s 13% share of global BTC hash rate and its tight miner licensing, positioning the country alongside U.S. states and firms stockpiling digital assets.
x.com
Kazakhstan also wants to create a Bitcoin reserve in their country like others. This is certainly a good policy for the country. Although they initially want to include seized cryptocurrencies and mined coins in the reserve. Such a policy will definitely have a positive impact on the country's cryptocurrency sectors. Kazakhstan is home to 13% of the world's Bitcoin mining, which will play a positive role in creating a large Bitcoin reserve.