Congratulations to Kyrgyz President Sadyr Japarov on his newly announced national digital currency. And further congratulations to Changpeng “CZ” Zhao, Japarov’s advisor , who helped facilitate this launch, on his pardon from President Donald Trump two days ago.

To catch you up on what Kyrgyzstan is, it’s a mountainous, landlocked, former Soviet Republic that borders northwest China. Now that you have your bearings, that country has just announced a national stablecoin in partnership with Binance, the company Zhao co-founded, and where he used to work as CEO.

According to Zhao’s post on X , the currency—which is pegged to the Russian ruble— is a central bank digital currency (CBDC), a digital version of a national currency, set to be used for government payments. It was launched

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