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. Separately, the government on Wednesday ordered a nationwide shutdown of crypto mining amid a worsening electricity shortage. Kyrgyzstan, a mountainous former Soviet republic of around 7 million people, has tried to position itself as a cryptocurrency leader in Central Asia, even as Western countries have sanctioned Kyrgyz crypto companies they say are aimed at facilitating sanctions evasion by Bishkek's close ally, Russia.
News Kyrgyzstan Finance: Kyrgyzstan to host Eurasian Week 2019 in September
MOSCOW. KAZINFORM - The Eurasian Week 2019, the largest international business forum in the Eurasian Economic Union (EAEU), will be held in the Kyrgyz capital Bishkek from 25 to 27 September, BelTA learned from the organizing committee of the event.
News Kyrgyzstan Finance: Uzbekistan has great potential for Islamic Banking and Finance in CIS
He said, total Muslim population of CIS countries is estimated 75 million which is a good news for growing Islamic banking and finance industry. CIS countries’ list consist of 10 countries which ...
News Kyrgyzstan Finance: Kyrgyzstan: Notorious former customs boss steps out of the shadows
Atambayev has suggested, for instance, that Matraimov was the main financial backer for Jeenbekov’s campaign in 2017. And on May 14, Atambayev’s Social Democratic Party of Kyrgyzstan summarily ...
