Kazakhstan Central Bank: Plans to explore investing gold, foreign exchange reserves and national fund assets in cryptocurrencies

Planet Daily News: Kazakhstan's Central Bank Governor Timur Suleimenov stated that the country intends to explore investing gold foreign exchange reserves and national fund assets into cryptocurrencies. However, he cautioned that while crypto assets offer high returns, they also come with significant volatility, and one should not rush into such investments. Additionally, Kazakhstan hopes to establish a national cryptocurrency asset reserve to store confiscated digital assets, with the possibility that assets from mining operations conducted on behalf of the state could be incorporated into the reserve through taxation and other means. (Kursiv)