By mrblockchain Key Points: Kazakhstan, once a crypto-hostile nation due to energy and regulatory concerns, is now showing signs of embracing digital assets. The country’s sovereign wealth fund is reportedly evaluating crypto as a potential reserve asset. Confiscated cryptocurrencies may be added to national reserves, with plans for dedicated infrastructure. Regulatory tightening includes penalties for […]
Tag: Norway
By Emir Abyazov Standard Chartered Sticks to $500K Bitcoin Target as Sovereign Funds Show Interest Government entities increased their holdings of Strategy (MSTR) as a derivative of digital gold in the first quarter. Such conclusions were reached in Standard Chartered on the basis of reporting to the SEC. Such a trend has strengthened the bank’s […]
By Marco Piccolo Standard Chartered Bank is doubling down on its bold forecast that Bitcoin will reach a price of $500,000 by 2029, citing a surge in indirect government exposure to the asset through institutional investment vehicles. The British multinational bank believes that growing sovereign interest in Bitcoin proxies, especially Strategy (MSTR) shares, supports its […]