Kyrgyzstan is moving to build a Central Asian digital asset hub, backed by two state-level stablecoins and a large gold storage facility. A local fintech consultant said a dollar-pegged token is backed by physical gold bought by the finance ministry and stored in a new national vault, with the ministry holding all tokens. A second stablecoin is based on the som and launched on BNB Smart Chain with Binance.

A citizen campaign to require the Swiss National Bank to hold bitcoin as part of its reserves has been halted after failing to gather enough signatures for a national referendum. The initiative sought a constitutional change to mandate that some monetary reserves be held in gold and bitcoin, without specifying the bitcoin share. Supporters promoted bitcoin as a neutral reserve asset and hedge against dollar and euro exposure, but the SNB has opposed the idea, citing liquidity and volatility concerns.