Казакстандын Улуттук банкы санариптик теңгени BNB Chain менен интеграциялайт, Binance башкы директору - Finance Bitcoin News

The central bank of Kazakhstan intends to use Binance’s blockchain platform Bnb Chain for the deployment of its upcoming digital currency. The decision was made public on social media by Changpeng Zhao, the chief executive of the global crypto exchange which was recently licensed to work in the country.

Kazakhstan to Employ Binance Blockchain Infrastructure for Its Central Bank Digital Currency Project

Kazakhstan’s monetary authority is going to integrate its central bank digital currency (CBDC) into the Bnb Chain developed by Binance, the founder and CEO of the world’s leading crypto trading platform, Changpeng Zhao (CZ), announced on Twitter.

Binance was recently лицензия берилген to provide a range of services for digital assets, including exchange and custody, while operating from the Astana International Financial Center (AIFC), the Central Asian nation’s financial hub.

Казакстандын Улуттук банкы (УКБ) CBDCди интеграциялайт @BNBchain. #BNB https://t.co/33WMKwAczm

- CZ 🔶 Binance (@cz_binance) October 27, 2022

On Wednesday, Zhao revealed that after it received the regulatory approval, the company met with the First Deputy Governor of the National Bank of Kazakhstan (NKB) Berik Sholpankulov and Binur Zhalenov, head of the bank’s Payment and Financial Technologies Development Center.

Representatives of the exchange introduced the central bank officials to the Bnb Chain community and discussed with them testing the integration of the digital Kazakhstani tenge with the blockchain platform. In a series of tweets, CZ also remarked:

If you’re not aware, NKB recently launched a CBDC pilot in a controlled environment and with real consumers and merchants.

Binance’s chief executive emphasized his team is looking forward to NKB preparing use cases for its digital currency which will allow it to be seen how they could be integrated into Bnb Chain. The ultimate goal will be to bridge the gap between traditional banking and the crypto ecosystem.

Kazakhstan, which became a hotspot for crypto mining in the aftermath of China’s crackdown on the industry last year, has been taking steps to жөнгө салуу its crypto space, including the activities of coin trading platforms. A transaction for the purchase of bitcoin with the national fiat was recently жүргүзүлгөн by a local bank and another licensed exchange, Intebix.

Binance has previously pledged support for the “safe development” the country’s digital asset market. The exchange and the government in Nur-Sultan recently макулдашылган to share information on financial crimes involving cryptocurrencies under a Memorandum of Understanding signed with Kazakhstan’s Financial Monitoring Agency.

What do you think about the cooperation between Binance and Kazakhstan on the central bank digital currency project? Tell us in the comments section below.

Любомир Tassev

Любомир Тасев – технологияны жакшы билген Чыгыш Европадан келген журналист, Хитченстин: “Жазуучу болуу – мен эмне кылам, мен эмне болсом, ошону жакшы көрөм”. Крипто, блокчейн жана финтехтен тышкары, эл аралык саясат жана экономика дагы эки илхам булагы болуп саналат.

Image насыялар: Shutterstock, Pixabay, Wiki Commons, Zhanna Briede