Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard

Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard

Source: Iliya Mitskavets/Adobe Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth. According to a local news outlet report on November 15, Binur Zhalenov, CEO of the Kazakhstan National Bank’s National Payment Corporation (NPC), conducted the first-ever digital tenge transaction […]

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