Kazakhstan plans to establish a $1 billion cryptocurrency reserve, utilizing gold, foreign exchange, and seized assets. This initiative aims to bolster the nation’s digital economy and enhance its position in the global crypto landscape.
A Philippine congressman has proposed establishing a national Bitcoin reserve to tackle soaring public debt, arguing cryptocurrency holdings could diversify sovereign assets and ease fiscal strain.
New Hampshire has made history by becoming the first state to approve a law establishing a ‘Strategic Bitcoin Reserve,’ championed by Rep. Keith Ammon. This groundbreaking legislation aims to integrate cryptocurrency into state financial strategy, signaling a significant shift in fiscal policy.
In a recent analysis, Samson Mow examined the implications of Trump’s proposed crypto reserve, warning of a potential altcoin free-for-all. He stresses that such a shift could disrupt the market but might also provide new opportunities for innovation in the crypto space.