{"id":31796,"date":"2020-11-16T09:26:31","date_gmt":"2020-11-16T07:26:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31796"},"modified":"2025-08-28T05:30:12","modified_gmt":"2025-08-28T02:30:12","slug":"kyrgyzstans-central-bank-proposes-regulating-cryptocurrency-firms","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kyrgyzstans-central-bank-proposes-regulating-cryptocurrency-firms\/","title":{"rendered":"Kyrgyzstan&#8217;s central bank proposes regulating cryptocurrency firms"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The National Bank of Kyrgyzstan <\/span><a href=\"https:\/\/www.nbkr.kg\/newsout.jsp?item=31&#038;lang=RUS&#038;material=100565\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> on the development of a regulatory act addressing cryptocurrency regulation.\u00a0<\/span><!--more--><\/p>\n<p><span style=\"font-weight: 400;\">The central bank intends to regulate the activities of companies that provide cryptocurrency exchange services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is expected that the introduction of regulation will create a conducive environment for technology development in the country and minimize the risks of fraud schemes or financing of criminal activity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The bank has already begun public consultations on this issue.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier, the National Bank pointed to the absence of a legal status for cryptocurrencies in the country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier this summer, Kyrgyzstan&#8217;s parliament, in the third reading, passed the bill \u201cOn Amendments to the Tax Code,\u201d which provides for the taxation of mining.<\/span><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Kyrgyzstan announced the development of a regulatory act concerning cryptocurrency regulation.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[141,36],"class_list":["post-31796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kyrgyzstan","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31796"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31796\/revisions"}],"predecessor-version":[{"id":31797,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31796\/revisions\/31797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}