The bank said it has completed some phases of the trial, including refinement of the prototype and introduction for a limited number of participants. For the next two years, the country “will develop solutions for launching into industrial operation,” and will cooperate with other central banks on cross-border and currency-exchange operations, the report said. By December 2025 it will add more participants, aim to introduce offline capabilities and connect with non-bank mediators.
Source: https://www.coindesk.com/policy/2022/12/19/kazakhstan-to-press-on-with-cbdc-development-until-2025/?utm_medium=referral&utm_source=rss&utm_campaign=headlines