Kazakhstan's central bank has designated up to $300 million from its gold and foreign exchange reserves for cryptocurrency investments, Governor Timur Suleimenov said November 29, 2025. The actual allocation could range from $50 million to $250 million, depending on market conditions following recent volatility that saw Bitcoin drop 17% before recovering. The bank will wait for market stabilization before executing purchases.

Uzbekistan will introduce a regulatory sandbox enabling stablecoin use in payments from January 1, 2026, the Ministry of Justice announced. The Central Asian nation will also permit domestic firms to issue tokenized stocks and bonds under the new framework. Authorities will establish a $50 million venture fund to support fintech development.

Russian authorities have reimposed a cryptocurrency mining ban in the Republic of Buryatia and Zabaykalsky Krai from November 15, 2025, through March 15, 2026. The seasonal restriction targets electricity shortages during peak winter consumption in these Siberian regions. The measure follows a government decree issued in December 2024, according to RIA Novosti.

Kazakhstan will establish a national cryptocurrency reserve holding $500 million to $1 billion in digital assets by January 2026. The fund will comprise confiscated cryptocurrencies, crypto ETFs, and equity stakes in blockchain companies, according to National Bank of Kazakhstan Chairman Timur Suleimenov. President Kassym-Jomart Tokayev ordered the reserve's creation in September 2025 as part of efforts to liberalize the domestic cryptocurrency market.