Wu Blockchain (@WuBlockchain): According to DLNews, Kazakhstan's central bank investment subsidiary NIC announced plans to bolster national crypto reserves using cryptocurrencies se…
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According to DLNews, Kazakhstan's central bank investment subsidiary NIC announced plans to bolster national crypto reserves using cryptocurrencies seized by law enforcement, gold, and foreign currency, allocating $350 million. Director Timur Suleimenov stated that purchases will be made through 5 hedge funds. President Kassym-Jomart Tokayev said police have closed 130 illegal exchanges (revenue ~$124 million), seizing assets over $5 million. https://x.com/dlnews/status/2016921996282474682