Kyrgyzstan Takes Major Step Toward Digital Currency Implementation

Quick Summary:

President Sadyr Zhaparov made Kyrgyzstan one step closer to becoming part of the few countries operating central bank digital currencies (CBDCs).

He signed on constitutional amendments, which introduced the legal framework for the digital som.

This legislation outlines the future CBDC launch framework.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesAustraliaBahamasBrazilJamaicaKyrgyzstanNigerNigeriaZimbabwe

Topics: Market News Digital currency Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 05:42:37 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27974397

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