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• The Service for Regulation and Supervision of the Financial Market (Finandzor) has revealed the true scale of the ruble stablecoin A7A5 issued in Kyrgyzstan

  The Kyrgyz company Old Vector has found itself at the center of international sanctions following the issuance of the ruble stablecoin A7A5.

  8/29/2025, 10:26:44 AM
  

• How will the National Bank's new requirements for fintech impact online payments in Kyrgyzstan?

  The National Bank of Kyrgyzstan has adopted a resolution that strengthens the requirements for the authorized capital of payment organizations. New regulations will be implemented gradually and will affect companies operating in the fields of electronic payments, cross-border transfers and acquiring services. The main goal is to enhance the sector's stability amid the rapid growth in transaction

  5/20/2025, 7:54:55 AM
  

• To cancel or to keep: Why the amnesty of commissions did not extend to payment-terminals

  A reader of "Akchabar" editorial office faced an unexpected situation. As usual, he paid for the Internet services via a payment terminal and noticed that an additional commission of 20 KGS was charged. And it was unexpected because recently the National Bank cancelled commissions on domestic transfers and online payments.

  1/7/2025, 7:04:50 AM
  

• Kyrgyzstan and cryptocurrencies: taxes vs. innovation growth

  Kyrgyzstan, known for its reforms in the field of digital assets, faces a serious challenge - how to regulate the rapidly growing cryptocurrency sector without nipping it in the bud. On the horizon is an increase in the tax rate for virtual asset service providers (VASPs), which is already generating heated discussions among experts and market participants.

  9/12/2024, 2:35:30 AM