Kyrgyzstan Approves Bill Introducing State Cryptocurrency Mining and New Regulations
Kyrgyzstan's Parliament has passed a comprehensive law on VIRTUAL assets, introducing a licensing system and defining new token types like stablecoins and RWA tokens. The legislation establishes a government crypto reserve and authorizes state-backed mining operations using public infrastructure.
Regulatory sandboxes will enable controlled testing of crypto services, while distinct authorities oversee licensing and anti-money laundering compliance. The law significantly expands presidential powers over digital asset issuance and circulation.
Mining operations face new registration requirements, equipment standards, and licensing frameworks. This move positions Kyrgyzstan among the first nations to integrate cryptocurrency mining into state economic policy.
