Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin  Investments

Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin  Investments

Kazakhstan’s central bank will invest $350 million from reserves in crypto-related companies and funds. The National Bank of Kazakhstan plans to allocate up to $350 million from the country’s gold and foreign exchange reserves toward investments tied to digital assets, marking one of the most significant steps by a central bank to gain exposure to the crypto sector. Governor Timur Suleimenov said the initiative will focus on companies and financ…