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

CoinRank News: Timur Suleimenov, the governor of the Central Bank of Kazakhstan, said that the country intends to explore investing its gold and foreign exchange reserves and national fund assets in crypto assets, but he reminded that such assets have high returns but high volatility, so it should not be rushed. In addition, Kazakhstan also hopes to establish a national crypto asset reserve to store confiscated digital assets. If companies mine on behalf of the country, some assets can be included in the reserve through taxation and other forms. Similar practices have been adopted in the world.