Kazakhstan Launches Digital Currency Pilot Led by New Payment Corporation
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The National Bank of Kazakhstan established the National Payment Corporation to lead CBDC development.
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The NPC will oversee the national payment system and implement the digital tenge.
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The digital tenge pilot is currently in a controlled environment with consumers and merchants.
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Binance supports the pilot through its BNB Chain and launched a regulated platform in Kazakhstan.
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The CBDC aims to increase financial inclusion and support international trade.
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