Central Bank of Tajikistan Denied Cooperation With The Fantom Foundation On The Development Of CBDC

The National Bank of Tajikistan (NBT) said it had not signed a cooperation agreement with the Fantom Foundation to create a central bank digital currency (CBDC). The NBT published a retraction on its official website and noted that it does not plan to create its own digital currency.

Earlier, the Fantom Foundation said in its official blog that the Tajik bank Orienbank and the NBT will take part in the development of the CBDC. Officially, Orienbank did not comment on its cooperation with the Fantom Foundation on its website.

The FTM is trading at $1.21 at the time of writing, according to CoinMarketCap. The market capitalization of the token has grown to $3.07 bln.

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