The President of Kyrgyzstan has signed legislation granting legal status to the 'Digital Som', but is still deciding whether to issue it

金色财经|Apr 17, 2025 22:39
According to Golden Finance, Kyrgyzstan's President Sadir Zaparov signed legislation on Thursday granting legal status to the "digital som," taking the country a step towards issuing its own central bank digital currency (CBDC). Kyrgyzstan is still deciding whether to issue a CBDC, and Thursday's revision of the Kyrgyz Republic Constitution ensures that if the central bank continues to issue CBDCs, the "digital som" will be considered legal tender.
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