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

HomeNEWSKazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners NEWS Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners By Micah Zimmerman July 23, 2026 Share FacebookXLinkedinReddItEmailTelegramCopy URL Prefer us on Google Download App Download App Kazakhstan has laid out a plan to build a national strategic crypto reserve fed by its bitcoin miners, part of a two-step push by President Kassym-Jomart Tokayev to pull the country’s large mining industry into a regulated, state-supervised system. A presidential decree signed July 7 sets the frame, and a government resolution approved July 18 supplies the mechanism. The government cleared the rules for strategic digital mining under Government Resolution No. 638, published in the PRG.kz legal database. Together the two measures aim to route mining output and crypto trading through Kazakh infrastructure, with the state taking a share of mined coins for a sovereign reserve. The reserve sits at the center. Under the July 18 resolution, the Kazakhstan government created a program of “strategic digital mining,” in which miners receive electricity quotas at capped tariffs on 10-year contracts from listed power producers. In exchange, they must hand over part of what they mine, according to local reporting. A formula sets the transfer at 10% of mined digital assets after the cost of electricity and grid services, paid each month to the state-linked Astana Hub fund, which passes the coins to the National Investment Corporation of the National Bank for management inside a “national strategic crypto reserve.” The first approved power source is the Ekibastuz GRES-1 coal plant, with a 300-megawatt quota. To qualify, a miner must run a data center of at least 150 megawatts, with rigs that each clear 150 terahashes per second, among other conditions. The resolution defines its reserve as a vehicle to invest in digital assets, in derivatives tied to those assets, and in the shares of c…

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

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