Kazakhstan Mulls Cryptocurrency Investment with Foreign Exchange Reserves

Crypto
Author

author: CryptoNews

date: November 06, 2025

1 min. read

Kazakhstan is exploring the possibility of investing a portion of its foreign exchange reserves in cryptocurrency, according to a recent announcement. Berik Sholpankulov, Deputy Governor of the National Bank of Kazakhstan, revealed this consideration while addressing members of the House of Representatives. This potential move signifies a growing acceptance of digital assets by national financial institutions. Sholpankulov indicated that cryptocurrency investments would be integrated within the existing framework of gold and foreign exchange reserves. In addition to the potential investment, the Kazakhstan Ministry of Digital Development is also contemplating having state-owned enterprises engage in cryptocurrency mining operations, further highlighting the nation's increasing interest in the crypto space. This initiative could potentially boost Kazakhstan's position in the global cryptocurrency mining landscape. ```