The President also noted an important event for the country's financial sector: on December 24, the national stablecoin KGST, pegged to the Kyrgyz som at a ratio of 1:1, was introduced on one of the leading global cryptocurrency platforms, the Binance exchange. This event is a testament to significant progress in the legal and regulatory framework for virtual assets in Kyrgyzstan, Japarov emphasized.
In his opinion, the achievements confirm that Kyrgyzstan is confidently moving along the path of sustainable development.
Furthermore, the President noted that the government will continue its active efforts to create and improve modern mechanisms for economic growth, implement innovative solutions, and establish conditions conducive to long-term development, which will align with the interests of citizens and businesses.
In conclusion of his speech, Sadyr Japarov warmly congratulated all Kyrgyzstani people on the holiday, wishing peace and prosperity to every family, and further development, stability, and new achievements for the country for the benefit of the Kyrgyz Republic.
