Kazakhstan to Launch $500M-$1B National Crypto Reserve Fund by 2026
Kazakhstan to Launch $500M-$1B National Crypto Reserve Fund by 2026
Kazakhstan is set to establish a national cryptocurrency reserve fund, valued between $500 million and $1 billion, by 2026. This initiative, announced by Central Bank Governor Timur Suleimenov, will primarily utilize seized and repatriated assets, focusing on investments in exchange-traded funds (ETFs).
National Crypto Reserve Fund By Kazakhstan Slated For 2026 Launch, Valued At $500M-$1B
Kazakhstan is set to establish a national cryptocurrency reserve fund valued between $500 million and $1 billion, primarily utilizing assets that have been seized and repatriated from abroad. Central Bank Governor Timur Suleimenov announced the initiative during an interview with Bloomberg in London, stating that the fund would focus on investments in exchange-traded funds (ETFs) […]