Crypto Trending Today: Bitcoin Creator, Satoshi Nakamoto, Becomes the 11th Richest Billionaire!

Updated
July 15, 2025

Jakarta, Pintu News – Crypto trending today (15/7) based on Cointelegraph’s report, Kazakhstan’s sovereign wealth fund is reportedly considering cryptocurrencies as a viable asset class for its national reserves.

Bitcoin (BTC) creator Satoshi Nakamoto is now ranked 11th on Forbes’ list of billionaires. Meanwhile, the governor of the Bank of England warned about the increasing risks of stablecoins.

Kazakhstan’s Sovereign Wealth Fund to Invest in Crypto

crypto mining tax kazakhstan
Source: BeInCrypto

Kazakhstan’ssovereign wealth fund has reportedly identified cryptocurrencies as an asset class worthy of inclusion in the country’s national reserves.

Read also: 3 Crypto that will Rise Today (7/15/25): Ready to Set a New Record Like Bitcoin?

Kazakhstan’s central bank is also studying investment allocation strategies used by Norway, the United States, and the Middle East region.

According to Kursiv, a local media outlet registered with Kazakhstan’s Ministry of Information, the country plans to invest part of its gold and foreign exchange reserves – as well as assets held by its sovereign wealth fund – into crypto-related instruments.

Kursiv cited a statement from Timur Suleimenov, head of the National Bank of Kazakhstan, who told a press conference that the central bank is exploring an “aggressive strategy to generate higher investment income,” which “does not rule out” allocating some funds into crypto-based investment instruments.

Suleimenov cited Norway’s sovereign wealth fund, the US government’s ownership of digital assets, and initiatives from countries in the Middle East as examples of models being considered.

According to him, these authorities “have certain investments, either directly in crypto assets, or in exchange-traded funds (ETFs) and shares of companies closely related to crypto assets.”

The central bank chief also added that Kazakhstan plans to establish a national crypto asset reserve using digital assets seized by law enforcement officials.

Satoshi Nakamoto is the 11th Richest Man in the World after Bitcoin Hits $120,000

Bitcoin’s creator, Satoshi Nakamoto, became the 11th richest person in the world after the value of Bitcoin broke the $120,000 mark on Sunday.

Nakamoto is believed to have around 1.096 million Bitcoin (BTC) spread across thousands of digital wallets. According to blockchain analytics firm Arkham, this amount is worth more than $131 billion based on current prices.

In theory, this puts Nakamoto in 11th place on Forbes‘ richest billionaires list, surpassing Michael Dell, CEO of tech giant Dell Technologies, who has a net worth of $125.1 billion.

Read also: Bitcoin Crashes to $117K After Smashing Record High — Here’s What Triggered the Drop

According to data from Nansen, Bitcoin hit an all-time high on Monday, when its price passed $120,000.

Bank of England Governor Warns of Stablecoin Risks

The Governor of the Bank of England (BOE), Andrew Bailey, issued a warning on Sunday regarding the issuance of stablecoins by banks, and suggested that the BOE should adopt a tokenized deposits system as an alternative.

Bailey believes that stablecoins have the potential to destabilize the financial system and could cause governments to lose control of their fiat currencies.

Source: RWA.XYZ

The BOE official also stated that the UK central bank should not follow the European Union’s lead in encouraging the issuance of central bank digital currency (CBDC) or creating a “digital pound”.

Bailey’s concerns have also been voiced by a number of other EU officials, who think that US dollar-based stablecoins could destabilize the financial system or worsen the euro’s position in global currency markets.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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