May 1, 2024

Central Bank of Kyrgyzstan introduces licensed cryptocurrency

As reported by the local economic publication Tazabek, Chairman of the National Bank of the Kyrgyz Republic (NBKR) Tolkunbek Abdygulovdeclared that the central bank of the country plans to regulate exchange operations with cryptocurrencies, including with bitcoins (BTC).

Abdygulov noted that the standard initiative is aimed at protecting investors, and it is analogous to the one that already exists on the market of traditional Finnish

«The task of the NBKP is to create conditions for clients,citizens of the Kyrgyz Republic. ECH I XOTETE Buy Bitcoles, you go to an overhead item, Plotytte and the Bitcounces ... I have been a good thing, and in a grade, a person is a person who has a person. Take off. Our goal is to do the same with cryptocurrencies.

In spite of the ambitious plans to help the local population safely invest in cryptocurrency, the central bank will always warn you about the invoice

“If yesterday Bitcoin reached $50,000, tomorrow it may fall to $20,000. And then all the money you invested will burn,” Abdygulov warned.

After the introduction of the law on the cryptocurrency innoyabpe 2020 goda, ppavitelctvo Kipgizii ppedctavilo nA obschectvennoe obcuzhdenie in yanvape 2021 goda large screen zakonoppoekta "Ob obpabotke kpiptovalyut» and «O vnecenii Change The zakonodatelnye in akty in oblacti viptualnyx aktivov". The draft laws will be finalized until the end of 2021.

The number of legal initiatives related toCryptocurrency, the government of Kyrgyzstan is trying to regulate the activities of the miners. However, according to Abdygulov's words, up to now the corresponding stance has not been accepted.

</p></p>