Centrale bank van Kazachstan stelt CBDC-lancering voor in 2023
- Kazachstan werkt actief aan de lancering van zijn digitale valuta van de centrale bank (CBDC), de digitale tenge genaamd.
- De Nationale Bank van Kazachstan (NBK) heeft onlangs een pilotstudie gepubliceerd gericht op offline betalingen en programmeerbaarheid.
- NBK stelde voor om marktdeelnemers en infrastructuurspelers op te nemen, samen met het gebruik van nauwkeuriger taalgebruik door autoriteiten.
The world’s third-biggest Bitcoin mining hub, Kazachstan, werkt actief aan de lancering van zijn centrale bank digitale valuta (CBDC), genaamd de digitale tenge.
After completing the second phase of the country’s CBDC testing, the National Bank of Kazakhstan (NBK) recently gepubliceerd a pilot study focused on offline payments and programmability. The paper clearly confirmed Kazakhstan’s intention to introduce the digital tenge in 2023.
It is important to note that crypto exchange Binance CEO Changpeng Zhao (CZ) announced in late October that Kazakhstan’s CBDC would be integrated with the exchange’s BNB Chain. The main reason the nation conducted research on CBDC was to see if it could raise financial inclusion, encourage competition and innovation in the payments sector, and boost its international competitiveness.
For various scenarios, the NBK’s research suggested the inclusion of market participants and infrastructure players, along with the use of more precise language by the nation’s authorities.
The report’s recommendation is to ensure a phased adoption over a three-year period, taking into account the requirement for technology advancements, infrastructure preparedness, the establishment of an operating model, and a solid regulatory framework.
The nation’s central bank suggested launching the highly-anticipated digital currency as early as next year. Moreover, it also aims a phased expansion of capabilities and entry into commercial operations until the end of 2025.
The study by Kazakhstan’s central bank comes at a time when many Russians have crossed into the neighboring countries. Kazakhstan announced that it would legalize a system for converting cryptocurrency into cash.
Tijdens een toespraak op het International Forum Digital Bridge 2022 verklaarde de president van Kazachstan, Kassym-Jomart Tokayev:
“We are ready to go further. If this financial instrument shows its further relevance and security, it will certainly receive full legal recognition.”
Te midden van oorlogsgerelateerde onzekerheid heeft Kazachstan zijn CBDC-plannen duidelijk versneld. De verhuizing valt met name samen met het buurland Georgië, dat ook van plan is nieuwe cryptocurrency-regelgeving in te voeren om zichzelf te markeren als een belangrijke wereldwijde crypto-hub.