News Explorer — Kazakhstan Plans $1B National Crypto Reserve Using Seized Assets

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Nov 7, 6:00 am

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Kazakhstan Plans $1B National Crypto Reserve Using Seized Assets

Kazakhstan plans to build a national crypto reserve of between $500 million and $1 billion, funded using assets seized and repatriated from abroad. The Kazakh central bank's governor Timur Suleimenov said that the fund would also include ETFs and shares of digital asset firms.

Kazakhstan plans to build a national crypto reserve of between $500 million and $1 billion, funded using assets seized and repatriated from abroad. The Kazakh central bank's governor Timur Suleimenov said that the fund would also include ETFs and shares of digital asset firms.

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