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Kazakhstan’s central bank to bolster national crypto reserves with criminals’ Bitcoin
Yahoo Finance· 2026-01-29 17:08
The National Bank of Kazakhstan’s investment arm has announced plans to boost its new national crypto reserve with coins seized from criminals. National Investment Corporation, or NIC, the central bank’s investment subsidiary, said the bank will use “crypto seized by law enforcement agencies,” along with foreign currency and gold reserves, to beef up the fund, the Russian-language media outlet QAMS QazTrading reported. The bank has already earmarked $350 million worth of overseas currency and gold for t ...