{"id":75218,"date":"2026-03-06T10:48:15","date_gmt":"2026-03-06T10:48:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75218"},"modified":"2026-03-06T10:48:15","modified_gmt":"2026-03-06T10:48:15","slug":"kazakhstan-may-sell-gold-to-fund-350m-crypto-purchase-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75218","title":{"rendered":"Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report"},"content":{"rendered":"<div>\n<p>A month after the initial reports emerged that Kazakhstan\u2019s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea.<\/p>\n<p>As reported by Reuters, the governor of the central bank said during a briefing on interest rates that the entity is \u201ccurrently developing a list of instruments in which we will invest. This includes not only cryptocurrency itself.\u201d<\/p>\n<blockquote>\n<p>\u201cThese include shares of high-tech \u200bcompanies related to cryptocurrencies and digital financial assets, index funds and other instruments that exhibit similar \u200bdynamics to crypto assets.\u201d<\/p>\n<\/blockquote>\n<p>The report <a href=\"https:\/\/www.reuters.com\/business\/finance\/kazakhstan-central-bank-invest-up-350-million-crypto-assets-2026-03-06\/\">states<\/a> that the portfolio of up to $350 million will be formed from other current investments, such as gold and foreign exchange reserves.<\/p>\n<p>Deputy Chair Aliya Moldabekova explained that the investments will begin in April-May. However, she disclaimed that they do not plan \u201cany large investment in cryptocurrencies,\u201d before adding:<\/p>\n<blockquote>\n<p>\u201cWe are currently selecting companies that deal with digital \u200bassets. For \u200bexample, those \u2060involved in cryptocurrency infrastructure. We are currently in the process \u200bof selecting such companies.\u201d<\/p>\n<\/blockquote>\n<p>Reuters noted that the central bank holds over $69 billion worth of gold and foreign exchange reserves as of February 1, while its national fund held around $65 billion worth of assets.<\/p>\n<p>It\u2019s worth noting that Kazakhstan has mulled a similar fund for some time, but a previous report on the matter <a href=\"https:\/\/t.me\/qztrd\/15239https:\/\/t.me\/qztrd\/15239\">claimed<\/a> it would also use \u201ccrypto seized by law enforcement agencies\u201d to create a digital asset stockpile.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/kazakhstan-may-sell-gold-to-fund-350m-crypto-purchase-report\/\">Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A month after the initial reports emerged that Kazakhstan\u2019s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea. As reported by Reuters, the governor of the central bank said during a briefing on interest rates that the entity is \u201ccurrently developing a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-75218","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75218"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75218\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}