The National Bank of Kyrgyzstan (NBKR) presented a bill on the creation of a digital som (CBDC). 🏦
- 12 companies offered to test the prototype in a sandbox.
- A technology provider has not yet been selected.
- Platform participants: banks and the Ministry of Finance.
- Users will be able to exchange digital soms through a mobile application.
The bill is open for comments until September 7, and will come into force on January 1, 2027.
Source: Altynbek Kamchybek uulu