Crypto Reserve In The Works: Kazakhstan’s Central Bank Chief
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Kazakhstan’s National Bank (NBK) has begun designing what could become the country’s first sovereign crypto-asset reserve, signalling a shift from piecemeal digital-asset oversight toward full-fledged strategic portfolio management. In a written response to a parliamentary inquiry, NBK Chairman Timur Suleimenov confirmed that “work is underway on the development of its formation and management concept,” adding that one option under review is to lodge the reserve inside an NBK-controlled subsidiary that already handles alternative investments.