The government of Kyrgyzstan has officially launched USDKG, a stablecoin backed by gold and pegged to the U.S. fiat currency.
Kyrgyz Electric Power Plants Re-Pledges Kambar-Ata HPP-2 Property Complex
(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, November 6. Electric Power Plants OJSC approved the re-pledging of the Kambar-Ata HPP-2 property complex during its extraordinary general meeting of …
Feasibility study agreed for new nuclear in Kyrgyz Republic
The Ministry of Energy of Kyrgyzstan and Rosatom Energy Projects have signed the terms of reference for a preliminary study for the construction of a low-power nuclear power plant. RITM-200 reactors …
Kyrgyzstan issues gold-backed stablecoin USDKG on Tron
The government of Kyrgyzstan has officially launched USDKG, a stablecoin backed by gold and pegged to the U.S. fiat currency. The authorities in Bishkek expect that the crypto, issued by a state-owned …
ADB approves 56.4 mln USD finance program to help Kyrgyzstan, Tajikistan respond to disasters
MANILA, Nov. 18 (Xinhua) — The Asian Development Bank (ADB) on Tuesday said it has approved a 56.4-million-U.S.-dollar program to strengthen the disaster-response capacity of Kyrgyzstan and …
ADB approves 56.4 mln USD finance program to help Kyrgyzstan, Tajikistan respond to disasters
MANILA, Nov. 18 (Xinhua) — The Asian Development Bank (ADB) on Tuesday said it has approved a 56.4-million-U.S.-dollar program to strengthen the disaster-response capacity of Kyrgyzstan and …
Crypto mining is profitable for Kyrgyzstan and will resume after winter, President says
Kyrgyzstan profits from cryptocurrency mining and will allow it to continue after the cold winter months, the country’s president has promised.
Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis
Kyrgyzstan and Tajikistan are facing an energy crisis as water levels have plummeted at the reservoirs powering their largests hydropower stations, officials said this week. The water level in the …
Kyrgyzstan allows banks to open escrow accounts for crypto transactions
The central bank of Kyrgyzstan has permitted commercial banks to open escrow accounts specifically for operations with cryptocurrencies.
Kyrgyzstan shuts down all crypto mining farms amid power deficit
The government of Kyrgyzstan is disconnecting all crypto mining facilities from the grid, citing energy shortages as the key reason.