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Cointelegraph · Apr 18, 2025 12:23 AM EDT MacroFinance

Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status

Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project while also giving the “digital som” — the national currency in digital form — legal tender status.The law gives the National Bank of the Kyrgyz Republic the exclusive right to issue the digital som, establish the rules for its issuance and circulation, and oversee the platform o…

Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status
Image Cointelegraph

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