Abstract:
This article explores the impact of digital currencies and blockchain technology on
the stability of Kazakhstan's national currency, the Tenge. It examines the traditional monetary policy
in Kazakhstan, the rise of digital currencies and central bank digital currencies (CBDCs), and the
country's current stance on these innovations.
The article evaluates the potential risks and benefits of adopting digital currencies and
blockchain in Kazakhstan and offers policy recommendations. Kazakhstan's ability to maintain Tenge
stability while embracing these technologies is crucial for its future financial landscape.