#usdkg

[rwatimes]

Kyrgyzstan Emerges as Central Asia’s Crypto Switzerland

Kyrgyzstan is rapidly transforming into one of the world’s most active crypto corridors with gold-backed stablecoins and relaxed regulations.

➤ Kyrgyzstan is positioning itself as a leading crypto hub with relaxed regulations and the launch of gold-backed stablecoins like USDKG. ➤ The country's crypto turnover significantly exceeds its GDP, attracting over 200 licensed crypto operators and former Binance CEO Changpeng Zhao as a policy advisor. ➤ Kyrgyzstan aims to become a neutral storage and settlement center, leveraging a national gold vault and offering competitive licensing costs compared to other regions.

[rwatimes]

OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic

➤ OSL Group's Hong Kong-licensed exchange has listed USDKG, a gold-backed stablecoin issued by the Kyrgyz Republic, pegged 1:1 to the U.S. Dollar. ➤ This listing aims to bring a state-supervised, asset-backed digital currency to professional investors in Asia, facilitating cross-border settlement and financial applications. ➤ The move signifies Kyrgyzstan's position as a first-mover in regulated, asset-backed digital currencies and OSL's commitment to a compliant digital asset ecosystem.

[36crypto]

Kyrgyzstan launches $50M gold-backed USDKG stablecoin to modernize cross-border payments

Bishkek, Kyrgyz Republic, December 9, 2025 — Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar, with an initial issue of $50 million. The token is issued on Tron and fully audited by ConsenSys Diligence, with future expansion slated to include Ethereum support. The issuer, OJSC Virtual Asset Issuer, is a state-owned entity under the Ministry of…

Kyrgyzstan launches $50M gold-backed USDKG stablecoin to modernize cross-border payments

[36crypto]

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…

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