Kazakhstan Considers Investing Part of National Reserve in Crypto Assets

The Governor of the National Bank of Kazakhstan, Timur Suleimenov, stated that Kazakhstan is considering allocating some alternative investment portfolios of foreign exchange reserves and national funds to crypto assets in order to increase returns. At the same time, the government plans to establish a national crypto asset reserve for storing assets confiscated by law enforcement agencies, and explore the internal participation of state-owned enterprises in mining, with related income to be included in the reserve. [Kursiv]