BNB News: Kyrgyzstan Launches National Stablecoin on BNB Chain, Adopts CBDC
The post BNB News: Kyrgyzstan Launches National Stablecoin on BNB Chain, Adopts CBDC appeared on BitcoinEthereumNews.com.
Kyrgyzstan launched a national stablecoin on BNB Chain and a CBDC for government payments in partnership with Binance. Kyrgyzstan has taken a major step into the digital economy. The country announced the launch of a national stablecoin on BNB Chain. The Central Bank Digital Currency (CBDC) has become operational. Former Binance CEO Changpeng Zhao (CZ) shared these details on on his official X account. This partnership reaffirms a strong collaboration with Binance in general. Digital Transformation Includes BNB in National Reserve Through this strategic collaboration, the first stablecoin was created in the country. This cryptocurrency is BNB Chain based. Besides, the CBDC is ready for government payments. Both private and public sector needs are addressed in this two-pronged approach. Hence, the country is in the progress of financial technology nowadays. Related Reading: Crypto News: BNB Chain’s Four Meme Launches Token Name Protection for Fairness | Live Bitcoin News In addition, Kyrgyzstan has set up a National Cryptocurrency Reserve. Notably, this reserve comprises Binance’s own BNB tokens. This integration signifies a strong integration with the Binance ecosystem. The company seeks to establish genuine strategic value using partnership. Thus, the effort contributes to successful digital transformation. Zhao was appointed as an expert on digital assets in May 2025. This position works with the President of Kyrgyzstan in digital affairs. The launch comes after President Sadyr Japarov recently amended the constitution. In particular, the amendment grants legal tender status to the digital som. Thus, this gives a good legal groundwork for the CBDC currently. In addition, Binance helped to fund the growth of crypto infrastructure. This training is important for law enforcement agencies. Binance Academy also worked with ten local universities. Hence, these programs will enable the development of local expertise. Binance App is fully localised in the Kyrgyz language. Binance Partnership Drives…
Filed under: News - @ October 25, 2025 10:18 pm