Cryptocurrencies

    Kazakhstan advances towards digital tenge

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    Kazakhstan's National Bank initiates a pilot for the digital tenge, marking a significant step in their CBDC journey.

    The digital tenge's first retail payment signifies the commencement of real-world application tests.

    The CBDC pilot includes real users and banks, employing blockchain technology and smart contracts for transactions.

    Kazakhstan aims to fully implement the digital tenge by the end of 2025, expanding services and user scenarios.

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