According to DLNews, NIC, an investment subsidiary of the Central Bank of Kazakhstan, announced plans to use law enforcement agencies to confiscate cryptocurrencies, gold, and foreign exchange to enhance the country's crypto reserves, and has allocated $350 million; The head Timur Suleimenov said that the cryptocurrency will be purchased through 5 hedge funds; President Kassym-Jomart Tokayev said police closed 130 illegal exchanges (with revenues of about $124 million) and confiscated more than $5 million in assets.
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According to DLNews, NIC, an investment subsidiary of the Central Bank of Kazakhstan, announced plans to use law enforcement agencies to confiscate cryptocurrencies, gold, and foreign exchange to enhance the country's crypto reserves, and has allocated $350 million; The head Timur Suleimenov said that the cryptocurrency will be purchased through 5 hedge funds; President Kassym-Jomart Tokayev said police closed 130 illegal exchanges (with revenues of about $124 million) and confiscated more than $5 million in assets.