Kyrgyzstan Launches Stablecoin, Builds Crypto Reserve, and Pilots CBDC
Kyrgyzstan has introduced a new stablecoin, KGST, pegged 1:1 to the national currency, the som. Additionally, the country has established a national cryptocurrency reserve to...
Tag : Kyrgyzstan
Kyrgyzstan Launches KGST Stablecoin on BNB Chain, Sets CBDC Pilot …
Kyrgyzstan launched the KGST stablecoin, pegged 1:1 to the Kyrgyzstani som, and placed it on the BNB Chain. The announcement followed a meeting of the...
Kyrgyzstan Passes Bill for Crypto Reserve and Tokenized Assets Framework
Kyrgyzstan has passed a bill to create a state cryptocurrency reserve and support the digital asset sector. Lawmakers approved amendments to the “On virtual assets”...