The National Bank of the Kyrgyz Republic (NBKR) has released draft legislation on the creation of a Kyrgystani som central bank digital currency (CBDC). The legislation is all in the form of ...

Kyrgyzstan has taken a significant step towards launching its central bank digital currency (CBDC), the digital som. In its first reading, the Parliament approved a draft law that establishes its ...

The Kazakh tenge currency fell 3% on Thursday on the interbank market and the Kyrgyz som plunged 14%, tracking a sharp drop in the Russian rouble a day earlier amid declining oil prices.

The National Bank of the Kyrgyz Republic has released draft legislation for the introduction of a digital som central bank digital currency by 2027.