Kazakhstan has joined the Bahamas and Nigeria in launching a central bank digital currency (CBDC)—the digital tenge.
Binur Zhalenov, the chair of the National Payment Corporation (NPC), launched the CBDC at the XI Congress of Finance in the country’s largest metropolis, Almaty. NPC is a division of the National Bank of Kazakhstan focusing on digital payments.
Kazakhstan launches its digital tenge. And made the first payment. This is a historical moment 🎉🎉🎉