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Kazakhstan Piloting a CBDC on R3′s Corda Platform

The country’s central bank is expanding the pilot of a digital tenge and will decide if it wants to launch the token by the end of 2022.

DARWIN, AUSTRALIA - JULY 18:  Kazakhstan fans in the crowd show their support as Sam Groth and Lleyton Hewitt of Australia play Andrey Golubev and Aleksandr Nedovyesov of Kazakhstan in the doubles during day two of the Davis Cup World Group quarterfinal tie between Australia and Kazakhstan at Marrara Sporting Complex on July 18, 2015 in Darwin, Australia.  (Photo by Scott Barbour/Getty Images)
DARWIN, AUSTRALIA - JULY 18: Kazakhstan fans in the crowd show their support as Sam Groth and Lleyton Hewitt of Australia play Andrey Golubev and Aleksandr Nedovyesov of Kazakhstan in the doubles during day two of the Davis Cup World Group quarterfinal tie between Australia and Kazakhstan at Marrara Sporting Complex on July 18, 2015 in Darwin, Australia. (Photo by Scott Barbour/Getty Images)