Kazakhstan continues to make strides toward a CBDC.
The National Bank of Kazakhstan has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to digital asset regulation, the digital asset industry and decentralized finance in Central Asia and the Commonwealth of Independent States in particular.
In his introduction to the report, NBK Deputy governor Berik Sholpankupov wrote about the bank’s vision of a “collaboration between Traditional Finance and DeFi” that could increase financial inclusion and support international trade. He“In Kazakhstan, we also started a practical R&D project to explore how our CBDC – Digital Tenge, can bridge the world of crypto with traditional fiat payments infrastructure.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Is the Binance P2P Merchant Program and Why You Should Become a Merchant | Binance BlogWhat are the benefits of being a Binance P2P Merchant? 🔸 Dedicated customer support 🔸 Lower fee rates 🔸 Special promotions The list goes on - find out how to become one 👇
Read more »
UK Bank Nationwide Has Restricted Card Payments to Binance.AskNationwide is restricting the use of card payments to cryptocurrency exchange Binance. By JamieCrawleyCD.
Read more »
Recap: Product AMA With CZ and Mayur | Binance BlogLast month, Binance Head of Product, Mayur Kamat joined cz_binance for a Binance Live AMA to discuss topics including: 🔸 Product growth in 2022 🔸 Upcoming features 🔸 Scalability In case you missed it, here's a recap to summarise ⤵️
Read more »
European Central Bank and Bank of England raise rates again as inflation fight continuesBoth central banks raised rates by a half-percentage point, matching the same pace as the last round of hikes in December.
Read more »
Hundreds of Millions of XRP Sent From Ripple, Binance, After Locking 700 Back in Escrow.Ripple locked 700 million in escrow, then moved 500 million $XRP together with binance. whale_alert XRP_EscrowBot
Read more »