Why is Kazakhstan making Bitcoin miners contribute to a state crypto reserve?

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Kazakhstan has approved a strategic crypto mining framework that grants large-scale miners regulated electricity access in exchange for contributing part of their mined digital assets to a state-backed reserve. According to Kazakhstan-based news outlet Zakon.kz, the government approved the new rules on July 18 through Government Resolution No. 638, published in the PRG.kz legal database. The framework introduces a new category known as strategic digital mining, allowing qualifying companies to receive electricity quotas at regulated tariffs after agreeing to transfer a portion of their mined cryptocurrency to Astana Hub, a government-backed technology cluster. The measure adds another layer to Kazakhstan’s…

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