In a recent statement that caught the attention of the global digital asset community, Binur Zhalenov, Chief Digital Officer of the National Bank of Kazakhstan, provided a detailed analysis of the crypto market’s latest downturn and its implications for the future of blockchain 1 assessment highlighted a significant distinction between speculative tokens and assets with institutional-level resilience, explicitly identifying XRP as a select group that endured one of the most severe market crashes in recent years. $XRP is a institutional-grade asset according to the National Bank of Kazakhstan's Chief Digital Officer. 0 2 — Subjective Views (@subjectiveviews) October 13, 2025 Market Collapse and Structural Weaknesses Zhalenov highlighted that within 24 hours, over $19 billion in leveraged positions were liquidated, affecting more than 1.6 million traders 3 collapse of hundreds of projects, he explained, reflected a deeper structural issue within the crypto 4 assets, he noted, were never built on real economic foundations but rather on systems that merely redistributed value without creating 5 a result, a large portion of the market, heavily reliant on retail capital and speculative momentum, failed to survive the 6 the few assets that demonstrated resilience were BTC, ETH, BNB, XRP, SOL, and TRX — which he classified as “institutional-grade.” This designation carries significant weight, particularly as it comes from a high-ranking official within a central banking 7 to Zhalenov, these assets managed to maintain stability while the broader market experienced widespread liquidation and investor capitulation.
A Shift Toward Institutional Recognition His remarks suggest a turning point in how central banks and financial institutions perceive the crypto 8 than dismissing digital assets altogether, the focus is shifting toward evaluating their capacity to integrate with real-world economic 9 emphasized that blockchain technology itself remains strong and continues to mature, with increasing applications in tokenization of real assets , cross-border settlement, green finance, and digital 10 evolution highlights how blockchain is transitioning from speculative use cases toward more stable and practical 11 assets like XRP, which are designed to operate efficiently within financial infrastructure, such institutional acknowledgment strengthens their long-term 12 Bank Perspective on Responsible Integration Zhalenov further explained that for central banks, including the National Bank of Kazakhstan, the current lesson is clear: the approach to crypto must evolve beyond passive investment 13 must be actively managed and hedged, retail participation must be safeguarded through education and regulation, and stablecoins should be integrated into mechanisms that complement fiat systems while supporting cross-border 14 underlined that the future of blockchain lies in its real-world integration rather than speculative 15 banks, he noted, must work to ensure that innovation supports financial stability and genuine economic 16 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Refinement of the Market and Institutional Validation Zhalenov’s perspective reflects a growing institutional sentiment, one that separates blockchain’s technological potential from speculative trading 17 concluding remarks made it clear that the recent crash was not a death blow to crypto, but rather a process of 18 stated that what remains in the aftermath is “stronger, more institutional, and closer to the real world.” On social media, the statement gained attention from crypto enthusiasts, including Subjective Views, who noted that XRP’s classification as an institutional-grade asset by a central bank official represents more than just recognition — it signifies validation from within the traditional financial 19 user, Roman Trotsko, commented that when central banks begin identifying assets like XRP as institutional-grade, it transitions from speculation to acknowledgment by those shaping global financial 20 National Bank of Kazakhstan’s stance provides an important insight into how regulatory and monetary authorities are beginning to differentiate between transient market projects and assets with real-world 21 XRP , which has long been positioned for institutional and cross-border use , this recognition reinforces its relevance as blockchain technology continues to converge with the global financial 22 : This content is meant to inform and should not be considered financial 23 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 24 are advised to conduct thorough research before making any investment 25 action taken by the reader is strictly at their own 26 Tabloid is not responsible for any financial 27 us on X , Facebook , Telegram , and Google News
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