Kazakhstan Prepares for Potential $300 Million Crypto Investment

Kazakhstan’s central bank is weighing a plan to invest up to $300 million in cryptocurrency assets. On November 28, Timur Suleimenov, chairman of the National Bank of Kazakhstan, said the bank could allocate funds from the National Fund and its foreign-exchange reserves into crypto. Kazakhstan’s Central Bank Weighs Timing for Crypto Plan However, he emphasized that the full amount may not be used. “In the first stage, we’ll be managing gold and foreign exchange reserves source: https://beincrypto.com/kazakhstan-300-million-crypto-reserve-plan/