A major step toward embracing digital assets is underway as the National Bank studies the formation and management of a state crypto-reserve. Plans include building the crypto-reserve at the National Bank affiliate and following the best international practices for sovereign funds and crypto-reserves. The National Bank aims for full transparency in accounting storage and management of crypto-assets ensuring the safety and sustainability of the reserve.

Experts highlight that crypto-assets obtained through expropriation or state-involved mining could help build the reserve. Centralized management will serve as the key safeguard to protect the country’s crypto-assets against volatility and risks. This move reflects a positive stance towards integrating crypto into national financial strategies.

Details on how the state crypto-reserve will be built are expected soon. The National Bank will work closely with law enforcement and state agencies to finalize the mechanisms. Supporters say the plan shows strong commitment to modernizing the financial system and boosting trust in crypto-assets.

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