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Today in crypto, the government of Kazakhstan is reportedly considering converting part of its sovereign wealth and gold holdings into digital assets, Schwab found 45% of ETF investors plan to buy a crypto ETF, and Google is integrating prediction market data from Kalshi and Polymarket into its search results.
Kazakhstan’s government is reportedly considering converting a portion of the country’s National Fund assets, as well as part of its gold and foreign exchange reserves, to fund a cryptocurrency reserve.
According to The Times of Central Asia, Berik Sholpankulov, deputy chairman of Kazakhstan’s National Bank, announced the initiative during a recent parliamentary session. A Bloomberg Law report Friday suggested the government aims to allocate between $500 million and $1 billion to the effort.
