The Central Bank of Kazakhstan plans to explore investing gold foreign exchange reserves and state fund assets in cryptocurrencies
2025-07-14 15:22:26
Timur Suleimenov, the governor of the Central Bank of Kazakhstan, said that the country intends to explore the investment of gold foreign exchange reserves and state fund assets in cryptocurrencies, but he cautioned that crypto assets have high returns but also high volatility and cannot be rushed. In addition, Kazakhstan also hopes to establish a national crypto asset reserve to store confiscated digital assets. If companies mine on behalf of the state, some assets can be included in the reserve through taxes and other forms.
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