Overview
- President Sadyr Japarov announced the listing on Dec. 24, calling it landmark news for the country’s crypto strategy.
- Authorities say KGST is issued at a 1:1 ratio with the Kyrgyzstani som, operates on BNB Chain, and is registered as a digital asset.
- Officials characterize KGST as the first stablecoin from a CIS country to appear on a major global exchange.
- The initiative follows months of development, test deployments, and a late‑October smart‑contract audit, with Binance infrastructure support.
- The rollout aligns with Kyrgyzstan’s new virtual‑assets framework and complements the state’s USDKG gold‑backed token launched on Tron.