Kyrgyzstan reportedly introduces regulations for crypto exchanges

Kyrgyzstan reportedly introduces regulations for crypto exchanges

The new regulatory framework aims to bring the legal status to cryptocurrency exchanges in Kyrgyzstan. The government of the Kyrgyz Republic is moving forward to cryptocurrency adoption by introducing a national regulatory framework for crypto trading platforms.Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency operating under the Ministry of Economy and Finance, has developed a draft provision for regulating crypto exchanges, local news agency 24.kg reported Wednesday.The newly proposed regulations reportedly aim to establish....


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