Kazakhstan Debuts State-Backed Crypto Fund with BNB
21 Articles
21 Articles
Kazakhstan’s Alem Crypto Fund Makes First Move with BNB – MAXBIT
Kazakhstan has established the first state-sponsored crypto fund, the Alem Crypto Fund, which made its initial investment in BNB. Kazakhstan has launched the Alem Crypto Fund, the country’s first state-backed fund to make an initial investment in digital assets. The fund’s choice to invest in Binance Coin (BNB) instead of Bitcoin (BTC) has been praised...
Kazakhstan’s Alem Crypto Fund Makes First Move with BNB
Kazakhstan has launched the Alem Crypto Fund, the country’s first state-backed fund to make an initial investment in digital assets. The fund’s choice to invest in Binance Coin (BNB) instead of Bitcoin (BTC) has been praised by Binance executives as a step toward institutional recognition of BNB. New Reserve Strategy The Kazakhstan Ministry of Artificial Intelligence and Digital Development announced that the new Alem Crypto Fund has officially …
Kazakhstan Launches State-Backed Crypto Reserve “Alem Funds”
Kazakhstan officially launched the Alem Crypto Fund, marking the country’s first national cryptocurrency reserve. This initiative represents a major step in integrating digital assets into the nation’s financial strategy, positioning Kazakhstan as a leader in Central Asian crypto adoption. The fund is established by the Ministry of Artificial Intelligence and Digital Development, managed by Qazaqstan […] The post Kazakhstan Launches State-Backed…
Kazakhstan’s Crypto Gambit: State Launches BNB-Fueled Digital Reserve Fund!
Kazakhstan’s bold move into crypto reserves reflects its ambition to become a regional digital finance hub. The Alem Crypto Fund is explicitly designed to accumulate high-grade crypto assets over the long term. By choosing BNB (market cap ~$138 billion) as its first holding, Kazakhstan is not buying Bitcoin or an obscure token, but a leading utility coin at the heart of Binance’s network gov.kz cointelegraph.com. BNB’s functions – from transacti…
After formalizing the project of a crypto reserve last June, Kazakhstan unveiled a sovereign fund in BNB. Back to this novel new article Kazakhstan is partnering with Binance and creating its crypto fund in BNB appeared first on Cryptoast.
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