[Kazakhstan's National Bank Plans to Invest Up to $300 Million in Crypto Assets] Kazakhstan's National Bank (NBK) is considering investing up to $300 million in crypto assets, with the final amount likely ranging between $50 million and $250 million. NBK Chairman Timur Suleimenov stated that the recent sharp decline in the crypto market has prompted the bank to cautiously enter the market after it stabilizes. The investment funds will come from the central bank's foreign exchange reserves rather than the national fund. Kazakhstan has previously established a national-level crypto fund, Alem Crypto Fund, and completed its first investment in BNB.
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