Kyrgyzstan is set to launch its own digital currency, USDKG, pegged to the U.S. dollar and backed by physical gold reserves, in the third quarter of 2025. The […]
Kyrgyzstan Reaches $4.2 Billion Crypto Turnover Milestone
Kyrgyzstan has achieved a historic milestone, exceeding $4.2 billion in crypto firm turnover. This significant growth reflects the country’s burgeoning digital economy and its commitment to blockchain integration. […]
Kyrgyzstan’s Cryptocurrency Sector Surpasses $4.2 Billion in Turnover
Kyrgyzstan has achieved a major milestone in its cryptocurrency sector, with 126 licensed companies now operating within the country. Collectively, these businesses have generated a record-breaking $4.2 billion […]
Kyrgyzstan Emerges as Central Asia’s Crypto Hub with Pro-Innovation Regulations
The Kyrgyz Republic is establishing itself as a leader in digital asset regulation within Central Asia, adopting a proactive approach to foster blockchain innovation while maintaining financial stability. […]
Kyrgyzstan Unveils Gold-Backed Stablecoin: USDKG Details
The Kyrgyz Republic Ministry of Finance has revealed details about its new gold-backed stablecoin, USDKG. The USDKG stablecoin will be directly linked to the country’s physical gold reserves […]
Kyrgyzstan Unveils Gold-Backed Stablecoin USDKG: Details and Launch Plans
The Kyrgyz Republic has unveiled details of its gold-backed stablecoin, USDKG, designed to be linked to physical gold reserves held by the national treasury. Each USDKG token represents […]
Kyrgyzstan Aims for Legal Tender Status with Gold-Backed USDKG Stablecoin
Kyrgyzstan is pushing forward with a groundbreaking project: introducing USDKG, a stablecoin backed by physical gold reserves and pegged to the US dollar. This initiative, supported by the […]
Binance Teams Up with Kyrgyzstan to Power Digital Finance Growth
Binance and Kyrgyzstan’s National Agency for Investments have announced a pivotal collaboration aimed at boosting the nation’s digital asset sector. This partnership, signed during a council meeting on […]
CZ Recommends Bitcoin and Binance Coin for Kyrgyzstan’s Crypto Reserve
Changpeng Zhao, former CEO of Binance, has offered his guidance to Kyrgyzstan’s National Crypto Committee, recommending that the reserve include both Bitcoin and Binance Coin. This recommendation follows […]
Kyrgyzstan Legalizes CBDC, Approves Digital Som as Official Currency
Kyrgyzstan’s president recently signed legislation authorizing the development of a central bank digital currency (CBDC), granting legal tender status to the digital som. This move marks a significant […]
Kyrgyzstan Launches A7A5 Stablecoin: Fostering Crypto Hub Growth
Kyrgyzstan is driving forward its position as a leading crypto hub with the launch of A7A5, a stablecoin designed to increase stability and utility within the cryptocurrency ecosystem. […]
Kyrgyzstan Embraces CBDCs: Launches Digital Som Pilot Project
Kyrgyzstan has taken a bold step forward by implementing its own Central Bank Digital Currency (CBDC) dubbed the ‘digital som’. This pilot project marks a significant leap towards […]
Kyrgyzstan Enacts Legal Framework for Digital Currency Implementation
Kyrgyzstan has taken a significant step towards the implementation of its Central Bank Digital Currency (CBDC), dubbed the ‘digital som’. The country’s legal framework, outlining the future launch […]
Kyrgyzstan Grants Legal Status to Digital Som
Kyrgyzstan’s President has officially signed a law granting legal currency status to the ‘Digital Som.’ The country’s central bank now holds exclusive authority over its issuance, although the […]
Kyrgyzstan Legalizes Digital Som as Central Bank Digital Currency (CBDC)
Kyrgyzstan has taken a significant step towards embracing digital finance by enacting legal legislation that establishes the digital som as a legal tender within its currency framework. The […]