נאַשאַנאַל באַנק פון קאַזאַכסטאַן צו ויסשטימען דיגיטאַל טענג מיט BNB קייט, Binance סעאָ אַנוויילז - פינאַנצן ביטקאָין נייַעס

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 (קבדק) 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.

בינאַנסע איז לעצטנס געגעבן דערלויבעניש 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.

נאַשאַנאַל באַנק פון קאַזאַכסטאַן (נקב) וועט ויסשטימען זייער CBDC אויף @BNBchain. #בנב https://t.co/33WMKwAczm

- CZ 🔶 בינאַנסע (@cz_binance) אקטאבער קסנומקס, קסנומקס

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 רעגולירן its crypto space, including the activities of coin trading platforms. A transaction for the purchase of bitcoin with the national fiat was recently פירט 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 מסכים 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.

Lubomir Tassev

לובאָמיר טאַסעוו איז אַ זשורנאליסט פון טעק-סאַווי מזרח אייראָפּע, וואָס לייקס היטטשענס ציטירן: "זיין אַ שרייבער איז וואָס איך בין, אלא ווי וואָס איך טאָן." חוץ קריפּטאָ, בלאָקטשיין און פינטעטש, אינטערנאַציאָנאַלע פּאָליטיק און עקאָנאָמיק זענען צוויי אנדערע מקורים פון ינספּיראַציע.

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