According to Techub News, reported by RBC, the National Bank of Kazakhstan (NBK) is studying the use of Central Bank forex and gold reserves to invest up to $300 million in encryption assets. NBK Chairman Timur Suleimenov stated that the final investment scale has not yet been determined, and the actual input may only be in the range of $50 million to $250 million. He emphasized that after the recent significant fall in the crypto market, it is necessary to “let the dust settle” before cautiously getting on board, and the related funds will not use national fund assets.
Previously, Kazakhstan established a national-level encryption fund, Alem Crypto Fund, managed by government departments and Qazaqstan Venture Group. With the assistance of Binance Kazakhstan, the first BNB investment was completed to build a national strategic reserve aimed at long-term digital assets. The NBK stated that it will promote the allocation of crypto assets under the existing legal and infrastructure framework, with specific investment rhythm and asset categories to be confirmed by subsequent official disclosures.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Price predictions 3/25: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, LINK
Bitcoin (BTC) continues to face significant resistance at the $72,000 level, but the bulls have kept up the pressure. Trader Daan Crypto Trades said in a post on X that BTC will have to cross and stay above the $72,000 resistance area to “test the $80Ks again.”
Markets tend to hate uncertainty, but
Cointelegraph2h ago
BNB Chain Launches BNBAgent SDK, the First Live Implementation of ERC-8183 for Trustless Onchain AI Agents
[PRESS RELEASE – Dubai, UAE, March 18th, 2026]
BNB Chain today announced the launch of BNBAgent SDK, the first live implementation of ERC-8183 and a complete developer framework enabling trustless onchain AI workflows. The release represents a major step forward in building the infrastructure
CryptoPotato2h ago
Crypto Price Analysis March 27: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH)
--------------
Ethereum is down 4% this week after sellers held strong at the $2,400 resistance and even tested the $2,000 support. Another push, and they could break this key
CryptoPotato6h ago
Gold prices plummeted by 20%, yet did giant whales seize the opportunity to buy? Significant accumulation of XAUT and the expansion of BNB Chain release key signals.
Despite the international gold price retreating, on-chain funds continue to flow into tokenized gold. Multiple whale addresses have purchased Tether Gold, indicating a medium to long-term holding signal. Macroeconomic factors influence gold price fluctuations, but Tether is promoting the expansion of XAUT to the BNB Chain, enhancing liquidity. The market size is growing rapidly, and analysts are optimistic that the gold price may rise again.
GateNews10h ago
