Earlier this week, the Fantom Foundation announced that it was working on a central bank digital currency (CBDC) solution for Tajikistan. The National Bank of Tajikistan has denied the news and published the following statement:
“The information on introduction of Digital Currency Platform (CBDC) through the National Bank of Tajikistan in the Republic of Tajikistan is incorrect and untrue, therefore the National Bank of Tajikistan has already sent a letter to the Fantom Foundation concerning the disclosure of false information.”
Fantom’s announcement said it had signed an agreement with one of Tajikistan’s largest banks, OJSC Orienbank. However, it also stated that together they would “work with the National Bank of Tajikistan to build commercial and retail payment networks for the E-SOM, the digitized version of the Tajikistani Somoni.”
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