Kazakhstan's National Bank is set to enhance its national crypto reserve by incorporating cryptocurrencies seized from criminal activities, alongside its existing foreign currency and gold assets. According to NS3.AI, the National Investment Corporation has revealed plans to invest in cryptocurrencies through hedge funds and venture capital, rather than direct ownership. This initiative aligns with the government's ongoing efforts to crack down on illegal crypto exchanges and money laundering, aiming to reduce crypto-related crime and establish Kazakhstan as a regional crypto hub.
