Kyrgyz lawmakers amended the ‘On Virtual Assets’ bill to include a state crypto reserve, enabling the accumulation of digital assets while ensuring adherence to existing mining tariffs. The bill emphasizes a legal framework for stablecoin issuance and asset tokenization.
The introduction of a state crypto reserve aims to enhance financial stability through diversification. The Minister of Economy noted this reserve would encompass various crypto assets, ensuring Kyrgyzstan remains competitive in the growing digital asset landscape.
Leave a Reply