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Kyrgyzstan's virtual asset sector surged to 2.7 trillion soms by end-2025, generating $22.8 million in tax revenue, surpassing major traditional sources.
Kyrgyzstan's virtual asset market surged to 2.7 trillion soms by end-2025, generating $22.8 million in tax revenue—exceeding the combined tax income from Dordoi Bazaar and all patent-paying businesses.
The sector processed over $20.5 billion in transactions, with $7.9 billion in turnover in the first nine months, driven by 200+ registered exchanges, 11 mining firms, and government-backed stablecoins like USDKG and A7A5.
Authorities are updating regulations to define digital assets, oversee stablecoin issuance, and clarify state roles in mining, while industry leaders boost compliance efforts amid growing public acceptance under President Sadyr Zhaparov’s support.
El sector de activos virtuales de Kirguistán se disparó a 2.7 billones de som al final de 2025, generando $ 22.8 millones en ingresos fiscales, superando a las principales fuentes tradicionales.