Binance CEO Changpeng Zhao revealed that the BNB Chain will play a role in Republic of Kazakhstan’s central bank digital currency (CBDC). The central Asian country has been in the race for a CBDC since May 2021.
As the country’s central bank announced late last year, a decision on the feasibility of launching a CBDC is to be made by December 2022.
Via Twitter, “CZ” wrote that the Binance team is relentlessly pushing the global adoption of cryptocurrencies and met with the First Deputy Governor of the National Bank of Kazakhstan (NKB), Berik Sholpankulov, and the Head of the Payments and Technology Center, Binur Zhalenov, in recent weeks.