Kyrgyzstan News » Bishkek News Kyrgyzstan » Bishkek » Finance: Kyrgyzstan launches $50 million of tokens in national stablecoin
BISHKEK (Reuters) -Kyrgyzstan has launched over $50 million worth of its national stablecoin, USDKG, backed by gold and pegged to the U.S. dollar, the country's financial regulator said this week.
News Kyrgyzstan » Bishkek » Finance: Kyrgyzstan’s finance ministry registers the USDKG stablecoin
Financial authorities in Kyrgyzstan have registered a new stablecoin, USDKG, which enjoys the full support of the state in the former Soviet republic. The Central Asian nation is already home to the ...
News Kyrgyzstan » Bishkek » Finance: Kyrgyzstan’s Finance Ministry granted new budget oversight powers
Kyrgyzstan’s Ministry of Finance has been granted expanded powers in managing public funds and debt obligations, as well as overseeing budget spending.
News Kyrgyzstan » Bishkek » Finance: Kyrgyzstan launches $50M gold-backed USDKG stablecoin to modernize cross-border payments
Bishkek, Kyrgyz Republic, November 27, 2025 — Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar, with an initial issue of $50 million. The token is ...
News Kyrgyzstan » Bishkek » Finance: Sadyr Japarov proposes establishing Global Mountain Center in Bishkek
President of Kyrgyzstan Sadyr Japarov proposed establishing a Global Mountain Resilience Center in Bishkek, the presidential press service reported.
News Kyrgyzstan » Bishkek » Finance: Kyrgyzstan coming increasingly under China’s economic thumb
Kyrgyzstan’s economic dependence on China is continuing to grow. Not only is Bishkek’s trade deficit with China burgeoning, but Beijing is also cementing its position as Kyrgyzstan’s main creditor.
News Kyrgyzstan » Bishkek » Finance: PM Modi Kyrgyzstan Visit highlights: PM lands in Kyrgyzstan, will take part in SCO Summit in Bishkek
PM Modi Kyrgyzstan Visit highlights: Prime Minister Narendra Modi arrived in Bishkek, Kyrgyzstan, on Sunday to attend the 26th Shanghai Cooperation Organisation (SCO) Summit, which begins on Monday.