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Morning Edition · Saturday, July 25, 2026Published at 1:44 AM EDT · New York
Kazakhstan Will Fund a National Crypto Reserve With a Cut of Miners' Output
A July 18 resolution grants strategic miners up to ten-year electricity contracts in exchange for transferring part of their mined coins to a state reserve managed by the central bank's investment arm.
Kazakhstan has approved rules requiring large "strategic" crypto miners to hand part of their mined coins to a national digital-asset reserve in exchange for regulated, discounted electricity. Government Resolution No. 638, adopted July 18…
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