Suleimenov Outlines Conditions for Retail Digital Tenge Launch
Summary
National Bank of Kazakhstan Governor Timur Suleimenov addressed digital tenge deployment priorities and retail rollout conditions.
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National Bank of Kazakhstan Governor Timur Suleimenov has outlined the conditions regarding the deployment of the digital tenge into the retail market. According to the regulator, the project currently prioritizes maximizing the efficiency of state budget expenditure.
The central bank is focusing on using the digital national currency to enhance transparency and control over public spending. A broader rollout of the digital tenge into consumer retail operations will be considered following the outcomes of its implementation in budgetary processes.
Source: Profit.kz
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