Key Notes
Parliamentary deputies approved crypto legislation amendments across three consecutive sessions to expedite the regulatory process.
The proposed law would grant expanded presidential authority over virtual asset issuance, circulation and comprehensive market oversight.
Kyrgyzstan joins growing Asian momentum for crypto adoption, following similar Bitcoin reserve initiatives in the Philippines this year.
Deputies of the Parliament of Kyrgyzstan have advanced a bill that, if signed into law by President Sadyr Japarov, would establish the foundations for developing a state cryptocurrency reserve, licensing mining operations, and regulating digital assets.
According to a local news source , legislators recently met to discuss and approve amendments to the bill in hopes of promp