National Bank of Kazakhstan releases whitepaper for its CBDC

According to the NBK, the second phase of testing for the central banks digital currency (CBDC), has been completed and a whitepaper released. The regulator released a whitepaper that outlined the results of the trials and research on the demand to the new national fiat, the Tenge. According to a survey, most consumers said they would use the cryptocurrency. The bank claims that studies have proven the feasibility of the digital-tenge project. Once established, the CBDC can expand the range of financial services offered, including introducing new goods and services as well as a feature that permits offline transactions.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: CBDCkazakhstanNBKtengewhitepaper