The National Bank of Kazakhstan (NBK) is evaluating whether to invest up to $300 million in crypto assets, though the actual amount could range from $50 million to $250 million. NBK chairman Timur Suleimenov clarified that the money would come from the central bank’s gold and foreign exchange reserves, not from the country’s National Fund.
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Crypto News: Kazakhstan Eyes $300 Million Crypto Investment After Market Crash
The National Bank of Kazakhstan (NBK) is evaluating whether to invest up to $300 million in crypto assets, though the actual amount could range from $50 million to $250 million. NBK chairman Timur Suleimenov clarified that the money would come from the central bank’s gold and foreign exchange reserves, not from the country’s National Fund.