Kazakhstan's National Bank Sets Up New Division for CBDC Rollout

Kazakhstans premier banking institution, the National Bank of Kazakhstan (NBK), has announced the creation of a distinct unit, the National Payment Corporation (NPC), geared towards streamlining the countrys financial digital ventures, notably the digital tenge. This move was clarified in a public statement released on September 15. Essentially, the NPC is an evolved form of the previous Kazakhstan Center for Interbank Settlements. This freshly minted organization is tasked with supervising the broad spectrum of the national payment landscape, spanning from overseeing interbank...

source: https://tokenpost.com/Kazakhstans-National-Bank-Sets-Up-New-Division-for-CBDC-Rollout-10685

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Published by: Book Club
Source: NewsService