Tag: SWIFT

The National Bank of Kazakhstan (NBK) has unveiled plans to establish a dedicated agency to develop and implement the country's central bank digital currency (CBDC), the digital tenge. In an official statement released on September 15, the NBK announced that it would reorganize the existing Kazakhstan Center for Interbank Settlements ...

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has officially begun the beta testing phase for its central bank digital currency (CBDC) interlinking solution. The cross-border financial settlements provider stated that three central banks, including the Hong Kong Monetary Authority (HKMA) and the National Bank of Kazakhstan, are actively testing ...