Kazakhstan's central bank sets up $700M crypto reserve, invests nearly $200M
- —Reserve size is $700 million, with about $200 million already deployed
- —Investment targets and methods were not disclosed
- —Kazakhstan has four licensed crypto service providers
- —Policy rate cut to 16.25%; inflation slowed to 9.3%
Why it matters: Kazakhstan joins a small group of states holding sovereign crypto reserves, adding institutional demand for digital assets.
Source: TokenPost
More on this
Regulation · Oct 21Russia's central bank sets Sept 2026 deadline for licensed crypto intermediaries
Regulation · Oct 2Russia's Central Bank sets admission rules for crypto depositories and exchanges
Regulation · Oct 16Tether signs MoU with Kazakhstan central bank and Alatau City authority