Digital tenge appeared in Kazakhstan

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National Bank of Kazakhstan launched digital tenge in pilot mode. This was reported by press service regulator

According to the press service, November 15 represents the 30th anniversary of the national currency, and the launch of the digital tenge is also timed to coincide with this date.

“On November 15, 2023, the digital Tenge platform was launched in a limited environment and with real users. “Full-scale implementation of digital tenge is planned to be completed by the end of 2025, with scaling of services, use cases and platform participants,” the press release said.

The Central Bank announced that bank customers can use digital tenge by opening a digital account in the mobile application of the serving bank.

Mikhail Zeltser, formerly Candidate of Economic Sciences, stock market expert at BCS World of Investments aforementionedNow is not the best time to buy currencies of neighboring countries (Kazakh tenge, Armenian drama and other currencies).

Previously recognizedHow will the weakening of the ruble affect the state of the economy?

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