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.
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 of bank accounts offer transacting clients the option …
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 of bank accounts offer transacting clients the option …
Kyrgyz president announces plans to fully repay country’s external debt by 2035
BISHKEK. Nov 10 (Interfax) – Kyrgyzstan will fully repay its external debt by 2035 without any threat to the economy, Kyrgyz President Sadyr Japarov said.
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 republic. The Central Asian nation is already home to the …
Kyrgyzstan Just Launched a National Stablecoin—And The Mastermind Behind It Was Just Pardoned By Trump
A former Soviet republic of 7 million people just became the latest country to embrace cryptocurrency in a big way—and the timing couldn’t be more controversial. Kyrgyzstan launched a national …
Drilling begins on property adjacent to 125,000-oz Kyrgyzstan gold mine
Kenadyr Mining (TSXV: KEN) has started drilling the South Zone of its Borubai concession in the Kyrgyz Republic, hoping to capitalize on the property’s close proximity to a gold mine that in 2015 was …