• Kazakhstan launches Alem Crypto Fund with BNB as its first state-backed digital asset.
• Move follows stablecoin KZTE debut and earlier Binance regulatory partnership in 2022.
• BNB trades above $1,020 with intraday volatility but holds position as fifth-largest token.

Kazakhstan has officially launched the Alem Crypto Fund, a state-backed crypto reserve, with BNB as its first digital asset acquisition. The initiative marks a bold move into strategic reserves in digital assets, managed under the Astana International Financial Centre (AIFC) by Qazaqstan Venture Group. 

Officials did not disclose the size of the BNB al…

Read The Full Article Alem Crypto Fund Launches in Kazakhstan with BNB as its First Digital Reserve Asset On Coin Edition.

• Kazakhstan launches Alem Crypto Fund with BNB as its first state-backed digital asset.
• Move follows stablecoin KZTE debut and earlier Binance regulatory partnership in 2022.
• BNB trades above $1,020 with intraday volatility but holds position as fifth-largest token.

Kazakhstan has officially launched the Alem Crypto Fund, a state-backed crypto reserve, with BNB as its first digital asset acquisition. The initiative marks a bold move into strategic reserves in digital assets, managed under the Astana International Financial Centre (AIFC) by Qazaqstan Venture Group. 

Officials did not disclose the size of the BNB al…

Read The Full Article Alem Crypto Fund Launches in Kazakhstan with BNB as its First Digital Reserve Asset On Coin Edition.