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Jordan Lyanchev

Kazakhstan Central Bank Considers Using Gold Reserves for Up to $350M Crypto and Tech Investment Portfolio

In a briefing on interest rates, Kazakhstan's central bank governor Timur Suleimanov said the bank is developing a portfolio of up to $350 million that may be funded by reallocating gold and foreign exchange reserves. The plan now includes not only direct cryptocurrency exposure but also shares of high-tech firms tied to digital assets, index funds and similar instruments, with investments expected to start in April-May.