Changpeng Zhao, the founder and CEO of Binance said on Twitter that the National Bank of Kazakhstan (NBK) would integrate its central bank digital currency (CBDC) into its distributed blockchain network BNB Chain. The country is reportedly being the world’s top three destinations for Bitcoin mining. Zhao said he looked forward to further development of use cases by the bank to “bridge the gap between traditional banking and the crypto ecosystem.” The crypto exchange has been granted a permanent license from the Kazakh Financial Services Authority early this month.

Source: https://cointelegraph.com