Kyrgyzstan News News Kyrgyzstan » 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 » 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 » Finance: Kyrgyzstan orders liquidation of USDKG issuer and Coin Nomad Exchange
Kyrgyzstan orders liquidation of gold-backed USDKG stablecoin issuer EVA and Coin Nomad Exchange after UK sanctions over suspected Russia ties.
News Kyrgyzstan » 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 » Finance: JB Financial targets Central Asia through acquisition of 2 Kyrgyz firms
JB Financial Group is expanding into Central Asia through the planned purchase of two Kyrgyz financial firms, broadening an overseas business ...
News Kyrgyzstan » Finance: Citibank Signs MoU With Kyrgyzstan's Finance Ministry and Two State-Owned Banks
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News Kyrgyzstan » Finance: Kyrgyzstan to shut national stablecoin USDKG, liquidate issuer and state-run exchange
The Kyrgyz government is stopping its national stablecoin project, USDKG. The government ordered the finance ministry to liquidate USDKG issuer EVA and CoinNomad, the country’s first state-run ...
News Kyrgyzstan » Finance: Kyrgyzstan Launches National Stablecoin, Sets Up Cryptocurrency Reserve: CZ
Kyrgyzstan is advancing its national cryptocurrency strategy by launching a new stablecoin (KGST) pegged 1:1 to the Som, separate from the previously planned USDKG dollar-backed stablecoin. The ...
News Kyrgyzstan » Finance: Kyrgyz Leader Says Russia Can't Finance Two Big Power Projects
Kyrgyz President Almazbek Atambaev said Russia would no longer be able to finance two previously agreed upon hydroelectric power projects in Kyrgyzstan. Atambaev's announcement on December 24 ...
News Kyrgyzstan » Finance: Finance Ministry proposes tougher penalties and corporate liquidation for anti-money laundering violations in Kyrgyzstan
The Ministry of Finance of the Kyrgyz Republic submitted a draft law for public discussion aimed at tightening penalties for anti-money laundering and counter-terrorist financing (AML/CFT) non-complia ...