Kazakh President Kassym-Jomart Tokayev received a report from the
leadership of the National Bank on last year’s results. In 2025, gold and
foreign exchange reserves reached a record level of $65.5 billion. The National
Fund’s foreign currency assets also increased by $5 billion, reaching $64
billion. President Tokayev was also briefed on progress in the digital
transformation of the financial system. The special legal regime for digital assets,
launched last year, enabled the implementation of 30 projects, including the
operation of crypto service providers, the issuance of stablecoins, and the
tokenization of real-world assets. In addition, Kazakhstan became the first
country in the region to launch a National Digital Financial Infrastructure,
which integrates secure biometrics, interbank settlements, a financial
information exchange system, the digital tenge, fraud protection, and modern
digital services. Following the meeting, the Head of State instructed the
National Bank to ensure the stability of the financial system.
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