According to online reports, Timur Suleimenov, Chairman of the National Bank of Kazakhstan, said that Kazakhstan will establish a national crypto asset reserve. The National Bank is conducting in-depth research on the formation and management concepts of national crypto reserves, including developing crypto reserves based on the subsidiaries of the National Bank. Kazakhstan plans to follow international best practices in sovereign fund management to ensure transparent bookkeeping and storage of crypto assets, as well as transparency and security in the management of crypto reserves. It is reported that confiscated crypto assets and proceeds from crypto mining involving the state will become the source of this reserve. Considering the volatility and risks of cryptographic asset storage, a centralized management organization will become the main guarantee to ensure the security of national cryptographic assets. The specific national encryption reserve construction mechanism will be further formulated with law enforcement and relevant national agencies.