• Kazakhstan’s central bank has raised $350 million partly from its gold reserves, which it plans to use to invest in crypto.

• The bank plans to make these investments by May.

• The bank’s Deputy Chair Aliya Moldabekova revealed that they are also looking to invest in crypto-focused companies.

Kazakhstan’s central bank is looking to invest in crypto assets as it diversifies its reserves from just gold. The bank has already raised up to $350 million from its gold and foreign exchange reserves, which it plans to invest in crypto assets.

According to a Reuters report, the central bank’s governor, Timur Suleimanov, revealed that…