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Category USDKG

Stablecoins to become a legal means of payment in Uzbekistan next year.

Stablecoins to become a legal means of payment in Uzbekistan next year.

The government of Uzbekistan is going to recognize stablecoins as a means of payment at the start of the new year, albeit within a dedicated legal ...
Kyrgyzstan's central bank green lights escrow accounts for commercial banks crypto deals

Kyrgyzstan's central bank green lights escrow accounts for commercial banks crypto deals

The central bank of Kyrgyzstan has permitted commercial banks to open escrow accounts specifically for operations with cryptocurrencies. This type ...
Kyrgyzstan’s finance ministry registers the USDKG stablecoin

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 republ...
Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal

Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal

Kyrgyzstan has announced its plans to launch USDKG, a gold-backed stablecoin pegged to the U.S. dollar. The project will initially be backed by $50...