Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration
BISHKEK (Reuters) -Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday.
A mountainous former Soviet republic of around 7 million people traditionally dependent on labour migrants in Russia, Kyrgyzstan has in recent years positioned itself as a cryptocurrency leader in Central Asia.
