Kyrgyzstan News

Kyrgyzstan signed a memorandum of understanding with Binance to launch Binance Pay in the country.

Binance has partnered with Kyrgyzstan to roll out crypto payments and launch blockchain education programs in the country.

Kyrgyzstan President Sadyr Zhaparov signed CBDC law giving the country’s central bank permission to launch the “digital som” in the future.

With the launch of a state-backed stablecoin, Kyrgyzstan continues to make its mark among other Central Asian countries and asserts itself as a player in global digital finance.

Gold-collateralized stablecoin approach ensures long-term security and trust in the evolving digital economy.

As El Salvador struggles with Bitcoin adoption, Kyrgyzstan embraces a gold-backed stablecoin and organized blockchain strategy.

Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over centralized control.

Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources.

The small Central Asian country is currently taking public comments on its framework legislation.

Kyrgyzstan’s untapped hydroelectric capacity could make it a future mining powerhouse, but progress has been slow.

Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.”

Kyrgyzstan has regulated the crypto exchanges and the mining industry, however, there are no laws governing the circulation of cryptocurrencies in the country.

The new regulatory framework aims to bring legal status to cryptocurrency exchanges in Kyrgyzstan.

As the Kyrgyz government discusses raising electricity tariffs again, a former official says that crypto mining is a significant driver of the ongoing energy crisis.

The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance.