In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China’s crackdowns. But the country is also active when comes to other parts of the fintech economy.
Most recently, the National Bank of Kazakhstan released a report on the results of its CBDC pilot.
The Digital Tenge is a CBDC based on the Corda platform by R3. Other countries such as Sweden and France, have used the same platform for testing CBDCs.
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