April 29, 2024

Kazakhstan will launch a national cryptocurrency digital tenge

Kazakhstan will launch a national cryptocurrency digital tenge

In the post-Soviet space, some countries have already begun to consider options for launching a nationaldigital currency (CBDC).

Earlier this week it became known that the Bank of Georgia will analyze the consequences of creating a token pegged to the lari. The Central Bank of Russia plans to begin testing the digital ruble as early as 2022.

Kazakhstan began to act in the same direction. The country's central bank published a report through which a discussion was launched on the feasibility of developing a digital version of the tenge.

According to local media, referring to the study of the regulator, CBDC will be the same payment instrument as cash.

The Central Bank's report says:

«National digital currency — Thisthe most promising form of money, presented in electronic form and issued by the National Bank of Kazakhstan. The digital tenge will be used as a means of payment, a measure of value and a store of value.

Before launching a crypto project, the regulator plans to carry out a lot of research work in order to assess all the possible consequences and risks of the appearance of a new instrument on the domestic market.

The National Bank of Kazakhstan will consider options for creating and introducing a token together with local and foreign experts, as well as with participants in the financial market, the authors of the report emphasized.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

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Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Kazakhstan will launch a national cryptocurrency digital tenge

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