JUNE 12 2017 (The Bulletin) — Kazakhstan’s Central Bank said that it was road testing a Bitcoin application for selling short-term notes. Bitcoin is a controversial technology as it has been associated with money laundering and other crimes. It’s technology, though, has been acclaimed for allowing multiple small trades at a low cost. The Kazakh Central Bank said it was looking at using the technology for selling 100 tenge notes (around a third of a US dollar).
ENDS
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(News report from Issue No. 333, published on June 19 2017)