Kyrgyzstan Approves CBDC Pilot, Grants Digital Som Legal Tender Status
Kyrgyzstan has taken a major step toward embracing digital currency, as President Sadyr Zhaparov signed a constitutional law authorizing a central bank digital currency (CBDC) pilot project. The initiative formally grants legal tender status to the “digital som,” a virtual version of the country’s national currency. Announced by the presidential office on 17 April 2025,…