
Kazakhstan plans $300M crypto reserve and 1 GW data center
- —Kazakhstan's state crypto reserve is expected to exceed $300 million
- —The Data Centers Valley in Ekibastuz will have capacity of up to 1 GW
- —Crypto payments, real estate and uranium tokenization are under review
- —A stablecoin backed by the tenge is in the works
Why it matters: Kazakhstan could become one of the first countries with a state crypto reserve, reinforcing the trend of institutional adoption of digital assets.
Source: BeInCrypto RU