Financial authorities in Kazakhstan have earmarked a portion of the nation’s gold and foreign currency reserves for cryptocurrency investment, the country’s centralFinancial authorities in Kazakhstan have earmarked a portion of the nation’s gold and foreign currency reserves for cryptocurrency investment, the country’s central

Kazakhstan allocates $350 million from reserves to crypto investments

4 min read

Financial authorities in Kazakhstan have earmarked a portion of the nation’s gold and foreign currency reserves for cryptocurrency investment, the country’s central bank unveiled.

The money will be controlled by an entity under the monetary authority and used for indirect investments at this stage, according to a representative of the regulator’s management.

Kazakhstan to convert gold and fiat currency into crypto assets

The National Investment Corporation (NIC), a subsidiary of the National Bank of Kazakhstan (NBK), has received $350 million from the Central Asian nation’s gold and foreign exchange reserves to invest in crypto.

NBK Deputy Governor Aliya Moldabekova made the announcement at the Annual Business Review forum, the Kazakhstan Association of Minority Shareholders (QAMS) informed in a post on its Telegram channel. A special account has been opened at the Central Depository for the cryptocurrency reserve that the country is now creating, she said, also quoted by the Russian crypto news outlet Bits.media.

Initially, the NIC will refrain from direct investment in crypto assets, but will rather use hedge funds, the central bank executive emphasized. Five such funds have been shortlisted already, Moldabekova revealed, adding that further investments will be made through participation in venture capital funds.

Speaking at the same event, her superior, Chairman of the NBK Timur Suleimenov, said that the NIC will also take control of digital assets seized by law enforcement agencies. Kazakhstan’s National Fund, which collects revenues from the sale of oil and natural gas, will serve as a source of funding for these investments as well.

The cryptocurrency reserve will be part of Kazakhstan’s overall sovereign reserves managed by the National Bank, Suleimenov pointed out.

Astana starts building Kazakhstan’s national crypto reserve

Officials in Astana announced the country was going to create a digital-asset reserve last fall. In November, the central bank unveiled that it will hold up to $1 billion. Part of the funds in it will be government-seized coins, and some will be in the form of repatriated assets, Suleimenov detailed in an interview for Bloomberg.

The fund will invest in crypto-based exchange-traded funds (ETFs) and shares of companies involved in the crypto industry, he further noted. Later that month, the chairman of the NBK told the local press that the bank was prepared to spend up to $300 million on such investments in the short term.

His statement came after another of his deputies, Berik Sholpankulov, broke the news that the monetary authority was considering investing some of the nation’s gold and forex reserves in crypto. Meanwhile, the Ministry of Artificial Intelligence and Digital Development announced the launch of a fund backed by the local branch of Binance, the world’s largest coin trading platform.

The Alem Crypto Fund, which is managed by the state-linked Qazaqstan Venture Group, made its first investment by purchasing BNB tokens, as reported by Cryptopolitan. In September 2025, Kazakhstan launched a stablecoin pegged to its fiat currency, the tenge. It’s based on the Solana blockchain and issued through the Intebix crypto exchange.

Kazakhstan aims to become a crypto hub in Eurasia

Kazakhstan has been trying to establish itself as a crypto hub in Central Asia and the wider Eurasian region since it became a mining hotspot a few years ago.

Its government is taking steps to regulate and even liberalize its cryptocurrency market by permitting the circulation of digital assets outside the current special legal regime of the Astana International Financial Center (AIFC), lifting some restrictions on mining, and legalizing crypto investments.

At the same time, Kazakhstani authorities have been cracking down on unauthorized and illegal activities in the crypto space. This week, President Kassym-Jomart Tokayev made it clear the state is now focusing on the fight against capital flight through digital-asset transactions.

Government agencies have already shut down over 130 unlicensed exchange offices with a combined turnover of $123 million, he highlighted. Earlier in January, the country’s watchdog said it had restricted access to more than 1,100 websites providing crypto services without permission.

Claim your free seat in an exclusive crypto trading community - limited to 1,000 members.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25
MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

The post MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows appeared on BitcoinEthereumNews.com. MOEX to Launch $XRP Indices/Futures: $MAXI Adoption
Share
BitcoinEthereumNews2026/02/04 06:00