Latest News and Articles about Kyrgyzstan
Kyrgyzstan and Binance Founder CZ Partner to Boost Blockchain and Launch Digital Som
Kyrgyzstan Joins Forces with Binance Founder to Revolutionize Blockchain Infrastructure Kyrgyzstan is taking significant steps towards a digital future by partnering with Changpeng Zhao, the founder of Binance, to enhance its blockchain and cryptocurrency ecosystem. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to develop technical expertise, infrastructure, and educational programs in blockchain […]
Read MoreKyrgyzstan’s Crypto Mining Tax Revenue Plummets 50% Due to Rising Energy Costs
Kyrgyzstan, once a magnet for crypto miners due to its cheap power, now faces a decline in mining tax revenue, which has tumbled by 50% to approximately $535,000 in 2024. This sharp downturn stems from soaring electricity costs and a dwindling mining sector, raising concerns about the nation’s energy policies and economic strategies. Kyrgyzstan’s crypto […]
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