Kyrgyzstan


Markets

Kyrgyzstan's Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3

The stablecoin will be backed by $500 million in gold from the Kyrgyz Ministry of Finance, with plans to expand reserves to $2 billion.

gold bars (Philip Oroni/Unsplash+)

Policy

Kyrgyzstan President Brings CBDC a Step Closer to Reality

Kyrgyzstan President Sadyr Japarov signed amendments that provide its digital som legal status.

Kyrgyzstan (Planet Volumes / Unsplash)

Policy

Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto

Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments.

Ala Too Square in Bishkek, capital of Kyrgyzstan

Markets

UNICEF Explores Blockchain to Improve Internet for 'Every School' in Kyrgyzstan

International children's charity UNICEF is exploring how blockchain technology could be used to help connect local schools in Kyrgyzstan to the Internet.

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Markets

Kyrgyzstan: Bitcoin Payments Violate State Law

The central bank of Kyrgyzstan has issued new guidance indicating bitcoin cannot be used as a payment method.

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