Kyrgyzstan Solidifies Role as Central Asia’s Leading Crypto Hub with Progressive Legislation and Launch of USDKG

Kyrgyz Republic to launch USDKG, a gold-backed stablecoin pegged to the U.S. Dollar, in Q3 2025 – TechNewsTab

Kyrgyzstan, May 30, 2025 USDKG to be backed by $500 million in physical gold reserves from the Kyrgyz Ministry of Finance, with planned expansion to $2 billion. The Kyrgyz Republic has announced the upcoming launch of USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar. The stablecoin is expected to go live in the third quarter of 2025, with an initial reserve of $500 million in physical gold held by the Ministry of Finance. The initia…

Kyrgyzstan Introduces USDKG: A Gold-Backed Stablecoin for Global Transactions

Kyrgyzstan Introduces USDKG: A Gold-Backed Stablecoin for Global Transactions Kyrgyzstan is set to launch USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar, in Q3 2025. This initiative positions the nation as a forward-thinking player in the global cryptocurrency landscape. The stablecoin will be backed by $500 million in physical gold reserves held by the Ministry of Finance, with plans to expand to $2 billion. USDKG aims to facilit…

Kyrgyzstan Solidifies Role as Central Asia’s Leading Crypto Hub With Progressive Legislation and Launch of USDKG

The Kyrgyz Republic is rapidly emerging as Central Asia’s most progressive jurisdiction for digital assets, following a series of decisive legislative and regulatory steps aimed at establishing a transparent and secure environment for blockchain innovation.  In contrast to neighboring countries that have imposed restrictions or blanket bans, Kyrgyzstan has implemented a clear legal framework that supports compliant growth in decentralized financ…

Kyrgyzstan solidifies role as Central Asia’s leading crypto hub with progressive legislation and launch of USDKG

In contrast to neighboring countries that have imposed restrictions or blanket bans, Kyrgyzstan has implemented a clear legal framework that supports compliant growth in decentralized finance. Central to these reforms is the Law “On Virtual Assets,” adopted in 2022, which defines virtual assets as civil rights objects and regulates their issuance, storage, and circulation. The law also introduced licensing requirements for virtual asset service …

Gold-Backed USDKG Set To Become Legal Tender In Kyrgyzstan - Crypto News Flash

Kyrgyzstan plans to use USDKG, a gold-backed stablecoin, as legal tender to support financial modernization. The country saw crypto mining tax revenue jump 30% in Q1 2025, reflecting stronger sector growth. Kyrgyzstan has just announced plans to adopt the gold-backed stablecoin USDKG as legal tender. The government is not just testing it out, it is really aiming to make this project a part of people’s daily lives. Imagine, one day people will be…

Finance Ministry Unveils Gold-Backed Stablecoin

The Finance Ministry of Kyrgyzstan has disclosed important information regarding the forthcoming stablecoin, USDKG, which will be supported by actual gold holdings. With this declaration, the country’s attempts to bring blockchain-based financial innovations meant to improve economic stability and confidence in digital currencies go further. What is USDKG? Designed to mix the inherent value of gold with blockchain technology, USDKG is a recently…