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Kyrgyzstan has taken a major step in crypto regulation by passing amendments to its ‘On Virtual Assets’ bill. The new law defines a state cryptocurrency reserve and supports state-run mining operations. This move positions the country as a emerging leader in Central Asia’s digital asset industry.
- Defines 'state crypto reserve' and 'state crypto mining' in law for the first time.
- Creates a legal framework for stablecoins and tokenized real-world assets (RWAs).
- Advances Kyrgyzstan's position as a regulatory leader in Central Asia's crypto market.
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