Kazakhstan to integrate CBDC on BNB Chain

The National Bank of Kazakhstan will integrate its central bank digital currency (CBDC) on Binance’s blockchain network BNB Chain, Binance CEO Changpeng Zhao said.

The Bank began testing the nation’s digital currency (CBDC) in 2021, the Kazakh tenge. On October 26, CZ revealed that Kazakhstan has made the decision to test the use of its CBDC via blockchain, namely BNB Chain. The CBDC is expected to launch at the end of 2022.