Kyrgyzstan Nation‑backed Stablecoin KGST Listed on Binance

KGST, a stablecoin fully backed by the Kyrgyz som, is now trading on Binance, marking the first CIS‑nation backed token on a global exchange. President Sadyr Japarov announced on Wednesday that the Kyrgyz stablecoin KGST has been listed on the global cryptocurrency exchange Binance, with the token backed 1:1 by the national currency, the som. … Read more

State-Run Mining and Regulatory Sandboxes: What’s in Kyrgyzstan’s New Crypto Law?

Kyrgyzstan’s parliament has approved a new bill to regulate the country’s booming virtual asset sector, which has seen over $11.4 billion in transactions in the first seven months of 2025. Key Provisions and Economic Modernization The parliament of Kyrgyzstan has approved a bill on virtual assets, a move signaling the country’s push into state-backed cryptocurrency … Read more

Binance Founder Pushes BTC and BNB Into National Reserve Spotlight

BTC and BNB could soon anchor Kyrgyzstan’s national crypto reserve as Binance’s founder joins forces with the country’s president to propel blockchain adoption and digital asset policy. CZ Pushes BTC and BNB Into Kyrgyzstan’s National Reserve Spotlight Binance founder and former CEO Changpeng Zhao (CZ) disclosed on May 5 via social media platform X that … Read more

Kyrgyzstan Partners With Binance to Advance Digital Asset Sector and Enhance Financial Literacy

Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of Kyrgyzstan to foster collaboration in advancing the digital-asset sector in the country. The signing took place during the inaugural meeting of the Council for the Development of Digital Assets, attended by President Sadyr Japarov. The MoU aims … Read more

Kyrgyzstan’s President Signs Law to Establish Central Bank Digital Currency ‘Digital Som’

President Sadyr Japarov of Kyrgyzstan has signed a constitutional law on Thursday amending the existing law on the National Bank of the Kyrgyz Republic, which was approved by the parliament on March 20, 2025. The primary aim of this constitutional law is to initiate a pilot project for a prototype of the Central Bank Digital … Read more

CZ Advises Governments on Crypto Regulations and Blockchain Efficiency

Binance’s Changpeng Zhao (CZ), who advises governments on crypto frameworks, is embedding blockchain into Kyrgyzstan’s economy through a sweeping fintech infrastructure pact. CZ Pushes Blockchain Into the Heart of Kyrgyzstan’s Economic Core President Sadyr Zhaparov of the Kyrgyz Republic revealed a pivotal agreement Wednesday through social media platform X, signaling a significant step toward the … Read more

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision … Read more