Cabinet Chairman Japarov suggests development of regional stablecoin

• Published date: 04 February 2023
• Publication title: Central Asian News Services

New technolgies do not stand still and we should not fall behind," Cabinet Chairman Akylbek Japarov said in his contribution during the plenary session of the Digital Almaty 2023 Forum.

"The law on virtual assets was adopted in January 2022 in Kyrgyzstan, which regulates relations in turnover of cryptocurrencies, including their creation, issuance, storage and circulation. Kyrgyzstan holds elections based on biometric identification of voters. This is the only system used in the Central Asian region. These technologies will be used now not only in delivery of...