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Kazakhstan's Crypto Portfolio
Speaking at a briefing of the country’s interest rates, National Bank of Kazakhstan Governor Timur Suleimanov Timur Suleimanov revealed ‘[w]e are currently developing a list of instruments in which we will invest’ and added that ‘[t]his includes not only cryptocurrency itself.’ Suleimanov explained that the portfolio will aim to acquire ‘shares of high-tech companies related to cryptocurrencies and digital financial assets, index funds and other instruments that exhibit similar dynamics to crypto assets.’ Allocations are expected to begin in April and May. Prior to revealing the portfolio, the ... (full story)
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