Despite sanctions and scrutiny, the ruble-backed A7A5 stablecoin surged 250% in a day to reach a $500 million market cap, overtaking all non-US dollar rivals.
Kyrgyzstan News
- News3393
- One-on-one
Kyrgyz ministers explain how new laws, infrastructure and a gold-backed stablecoin will attract global builders and investors.
23574 - Spotlight
A behind-the-scenes look at how Kyrgyzstan is building a gold-backed stablecoin with government support and blockchain transparency.
29569 - News
Kyrgyz lawmakers passed amendments to the “On Virtual Assets” bill in three readings, defining terms like a state crypto reserve and state crypto mining.
13072 - News
The UK sanctioned Kyrgyz banks, crypto exchanges and individuals tied to Russia’s ruble-backed stablecoin.
5907 - Use Case
Kyrgyzstan’s decision to enact clear crypto regulations in a region often marked by uncertainty is rapidly turning it into a potential safe harbor for decentralized finance.
28144 - One-on-one
William Campbell from USDKG discusses the project’s unique stablecoin model and how the Kyrgyz government backs the stablecoin.
18733 - News
Kyrgyzstan signed a memorandum of understanding with Binance to launch Binance Pay in the country.
3420 - News
Binance has partnered with Kyrgyzstan to roll out crypto payments and launch blockchain education programs in the country.
11224 - News
Kyrgyzstan President Sadyr Zhaparov signed CBDC law giving the country’s central bank permission to launch the “digital som” in the future.
4274 - Recap
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.
17841 - Use Case
Gold-collateralized stablecoin approach ensures long-term security and trust in the evolving digital economy.
28834 - Spotlight
As El Salvador struggles with Bitcoin adoption, Kyrgyzstan embraces a gold-backed stablecoin and organized blockchain strategy.
20768 - Spotlight
Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over centralized control.
38213 - News
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources.
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