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Kazakhstan Takes Another Step Closer to CBDC Launch – Digital Tenge on Its Way?

Kazakhstan is edging closer to the “launch” of a CBDC, making it the latest former Soviet nation to announce its foray into the digital fiat sphere. Per Telesputnik, the Central Bank laid out a detailed proposal for a di...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kazakhstan Takes Another Step Closer to CBDC Launch – Digital Tenge on Its Way?
Kazakhstan is edging closer to the “launch” of a CBDC, making it the latest former Soviet nation to announce its foray into the digital fiat sphere.
Per Telesputnik, the Central Bank laid out a detailed proposal for a digital version of the fiat tenge to the nation’s Supreme Audit Chamber.
The bank began initial tests on a CBDC back in 2021, but was previously reluctant to commit to a rollout....
Read More: Kazakhstan Takes Another Step Closer to CBDC Launch – Digital Tenge on Its Way?

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