Kazakhstan Uses Its CBDC To Pay For China Rail Line

Quick Summary:

Kazakhstan is using its central bank digital currency (CBDC) to pay for a new rail line to China.

The National Bank of Kazakhstan is piloting this project to ensure efficient and transparent use of funds.

They will expand the use of digital tenge to other state projects, including agriculture and construction.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaChinaKazakhstan

Topics: China Rail Line Pay News Latest News CBDC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 13:38:31 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21729021

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions