1/ 🧵 National Bank of Kazakhstan has decided to do the first pilot of the CBDC. And the final consumer launch is scheduled for the year 2025.
1/ 🧵 National Bank of Kazakhstan has decided to do the first pilot of the CBDC. And the final consumer launch is scheduled for the year 2025.
2/ 🧵 Kazakhstan's digital currency is called the digital tenge. This is the currency that would be available in the digital online and offline devices.
3/ 🧵 Kazakhstan collaborated with the Visa and Mastercard worked on the point of the debit card based CBDC payments. And they made the first test recently.
4/ 🧵 Check out the Kazakhstan's CBDC currency digital tenge deployment journey.
https://inleo.io/@esmeesmith/bank-of-kazakhstan-launching-cbdc-digital-tenge-in-2025