Kyrgyzstan Rejects CBDCs in Favor of Gold-Backed Stablecoin – Will This Spark a New Trend in the Crypto Market?

The post Kyrgyzstan Rejects CBDCs in Favor of Gold-Backed Stablecoin – Will This Spark a New Trend in the Crypto Market? appeared first on Coinpedia Fintech News Kyrgyzstan has announced a move away from central bank digital currencies (CBDCs) in favor of a gold-backed stablecoin, setting itself apart from countries developing state-controlled digital currencies.

Feb 24, 2025 - 11:36
Kyrgyzstan Rejects CBDCs in Favor of Gold-Backed Stablecoin – Will This Spark a New Trend in the Crypto Market?
StablecoinThe post Kyrgyzstan Rejects CBDCs in Favor of Gold-Backed Stablecoin – Will This Spark a New Trend in the Crypto Market? appeared first on Coinpedia Fintech News Kyrgyzstan has announced a move away from central bank digital currencies (CBDCs) in favor of a gold-backed stablecoin, setting itself apart from countries developing state-controlled digital currencies.

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