Kyrgyzstan

Kyrgyzstan to launch gold-backed stablecoin in Q3
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15 May, 2025

Kyrgyzstan to launch gold-backed stablecoin in Q3

The Kyrgyz government has been developing the USDKG stablecoin, and at an event in Dubai, it was revealed that the...
Kyrgyzstan supercharges Middle Corridor’s digitalization
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7 April, 2025

Kyrgyzstan supercharges Middle Corridor’s digitalization

Kyrgyzstan leads the digitalization of the Middle Corridor to enhance sea trade; meanwhile, South Korea concludes the nationwide rollout of...
Kyrgyzstan records 50% dip in taxes from BTC miners
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13 January, 2025

Kyrgyzstan records 50% dip in taxes from BTC miners

Despite the global bull market, Kyrgyz miners paid around $500,000 in taxes, half the 2023 figure, as the BTC halving...
Kyrgyzstan proposes new legislation to legalize CBDC
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19 August, 2024

Kyrgyzstan proposes new legislation to legalize CBDC

In April, the Kyrgyz Central Bank conducted a trial for the digital som and has now opened a public consultation...
Block reward mining: $20M facility gets green light in Kyrgyzstan
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5 August, 2023

Block reward mining: $20M facility gets green light in Kyrgyzstan

Kyrgyzstan's president reportedly said the block reward mining farm could help the country cut down on wastage of unutilized power...
Kyrgyzstan MP: We must regulate digital currencies and develop a CBDC
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5 April, 2022

Kyrgyzstan MP: We must regulate digital currencies and develop a CBDC

The MP told parliament that “nothing is growing as fast as cryptocurrency” and the government must regulate them to make...
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