Digital tenge will be issued by late 2022, National Bank of Kazakhstan announces

08.06.2022, 11:21

The digital tenge will be introduced by the end of this year. This was announced by the National Bank of Kazakhstan. During this month, the financial regulator will approve the mechanism and method for its introduction. Experts plan to present them to the public in the coming days. The decision on the introduction of digital tenge will be made only after the release of the methods. The National Bank announced that a year is needed for the differentiation of all risks. It was previously reported that a pilot project for the introduction of digital tenge will be implemented in the second half of 2021. Later it became known that the final decision on the need to introduce digital tenge would be made in December 2022.

Editing by Assem Zhanmukhanova