The Cabinet of Ministers of the Kyrgyz Republic has approved a new resolution aimed at improving regulation in the field of virtual assets and creating stable conditions for the development of the cryptocurrency sector.
According to the new document, all existing virtual asset service providers must bring their minimum charter capital in line with the established norms by March 1, 2026. These norms were defined in resolution No. 514 dated September 16, 2022, concerning the activities of operators trading virtual assets (cryptocurrency exchanges).
Additionally, in accordance with the new changes, paragraph 2 of the Cabinet of Ministers' resolution No. 117 dated March 6, 2025, which previously amended the rules for regulating virtual assets, has been revoked.
This resolution will come into effect on January 1, 2026.
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