The National Bank of Kazakhstan (NBK) is set to integrate its Central Bank Digital Currency (CBDC) dubbed the Digital Tenge into the BNB Chain ecosystem.
Taking to Twitter to announce the news, Changpeng Zhao, the co-founder and Chief Executive Officer (CEO) of Binance Exchange said its efforts to drive the mainstream adoption of digital currencies were not halted when it secured the license to operate in Kazakhstan about 2 weeks ago.
With Central Bank Digital Currencies now a big push for apex monetary authorities around the world, Kazakhstan has made a significant milestone with its Digital Tenge by launching its pilot test in a controlled environment with real users and merchants.
According to Zhao, the affirmations on the integration came from the successful negotiations with the First Deputy of the Governor of the National Bank of Kazakhstan, Berik Sholpankulov, and the Head of the Payment and Technological Center,…