Kyrgyzstan launches into crypto: launch of National Stablecoin with Binance
Kyrgyzstan has introduced a national stablecoin and central bank digital currency with the help of cryptocurrency exchange Binance, as announced by President Sadyr Japarov. The country, which has around 7 million inhabitants, aims to become a cryptocurrency leader in Central Asia. A stablecoin named A5A7, backed by the Russian ruble, is facing sanctions from Western…