Kyrgyzstan to test crypto banking services
The monetary authority of Kyrgyzstan is preparing to greenlight the testing of banking services involving cryptocurrency and fintech solutions.
The central bank is now proposing to expand the regulatory framework for financial innovations in order to accommodate trials involving digital assets.
Kyrgyzstan’s central bank to facilitate trials of crypto services
The National Bank of the Kyrgyz Republic (NBKR) has drafted a new resolution to amend the “special regulatory regime” (SRR) for advanced financial technologies, which was created six years ago.
The regulator now seeks to improve the legal mechanism for its implementation as a means to experiment with innovative banking operations and services in a controlled…
