Search results for Kyrgyzstan
AI & Enterprise
OSL HK lists Kyrgyzstan gold-backed stablecoin USDKG
Hong Kong-licensed digital asset exchange OSL HK has listed USDKG, a gold-backed stablecoin issued by Kyrgyzstan. The token is pegged 1:1 to the U.S. dollar and is backed by physical gold reserves. Professional investors can trade the USDKG/USDT pair on OSL HK\'s over-the-counter platform. USDKG is issued by a state-owned entity under Kyrgyzstan\'s finance ministry, with an initial issuance of $50 million.
Games & Commerce
NCSoft\'s \'TL\' to launch in 11 countries including Russia and Eastern Europe on May 19
NCSoft is expanding the service region for its MMORPG “Throne and Liberty (TL)” to 11 countries across Russia, Eastern Europe and Central Asia, the company said on Wednesday. TL is set to launch on May 19. Five Eastern European countries and five Central Asian countries are included. NCSoft previously ran a closed beta test from April 21 to 28 to check technical metrics and server optimisation and plans to reflect user feedback with local publisher Astrum Entertainment.
Crypto
Russia to legalise crypto payments for foreign trade from July 1, allowing bitcoin and stablecoins
Russia will officially allow cryptocurrency payments in foreign trade from July 1, permitting bitcoin and stablecoins in import and export transactions. The system, prepared by the central bank and the finance ministry, formalises a framework piloted since 2024 and applies to external settlements with countries that continued trading after Western sanctions. Crypto payments will be limited to eight approved platforms, with reporting requirements for transactions above 100,000 roubles.
