Kazakhstan Central Bank Ready to Allocate $300M for Crypto Purchases
Kazakhstan’s central bank announced on Nov. 29, 2025 that it is ready to allocate as much as $300 million to purchase crypto assets, the governor told the press. The statement did not specify which tokens would be targeted, the timing of purchases, or how custody and risk management would be handled, leaving key operational details unclear.
The pledge is notable because it signals a more active role for a national monetary authority in the digital-asset space and could boost institutional confidence in the region. For markets, any material buying program might add liquidity and influence prices, while domestically it could interact with Kazakhstan’s existing crypto mining and regulatory landscape. Observers will watch for follow-up guidance on asset selection, custody arrangements, and the central bank’s objectives before drawing firm conclusions about impact.