According to RBC reports, the National Bank of Kazakhstan (NBK) is considering investing up to $300 million in cryptographic assets, but the final scale has not yet been finalized and may only be in the range of $50 million to $250 million. Timur Suleimenov, Chairman of the NBK, stated that the recent sharp decline in the cryptocurrency market requires 'letting the dust settle' before entering the market cautiously, and the funds will come from the central bank's foreign exchange reserves rather than national funds. Kazakhstan has previously established a national-level cryptocurrency fund, Alem Crypto Fund, and completed its first BNB investment.
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