Kyrgyzstan Launches National Stablecoin, Establishes Cryptocurrency Reserve: CZ
Kyrgyzstan is moving forward with its national cryptocurrency strategy, launching a stablecoin and preparing for the public sector rollout of a central bank digital currency (CBDC), according to Binance co-founder and former CEO Changpeng Zhao (CZ). The new stablecoin, presumably KGST, is pegged 1:1 to the national currency, the Kyrgyz Som, and is registered in […]
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