National Bank of Kazakhstan to Integrate Digital Tenge With BNB Chain, Binance CEO Unveils – Finance Bitcoin News

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Kazakhstan’s central bank to integrate its digitalcurrency with crypto exchange Binance’s blockchain.

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 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

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