Kyrgyzstan launches national stablecoin in partnership with Binance

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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 labor migrants in Russia, Kyrgyzstan has in recent years positioned itself as a cryptocurrency leader in Central Asia.A5A7, a stablecoin backed by the Russian rouble and based in Kyrgyzstan, has been placed under sanctions by

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