TechFlow news, November 30 — According to RBC, the National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets, though the final amount has not been determined and could fall within the range of $50 million to $250 million. NBK Chairman Timur Suleimenov stated that due to recent significant declines in the crypto market, they need to "let the dust settle" before entering cautiously, with funds sourced from the central bank's foreign exchange reserves rather than national funds. Kazakhstan previously established a national-level crypto fund, Alem Crypto Fund, and completed its first investment in BNB.
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