<ul><li>Kyrgyzstan has approved a central bank digital currency (CBDC) pilot project.</li><li>The pilot project grants legal tender status to the "digital som", the virtual version of the country's national currency.</li><li>The National Bank of the Kyrgyz Republic will have full authority over the issuance, circulation, and regulatory framework of the digital som.</li><li>The pilot project is expected to begin testing this year, with a final decision on full implementation anticipated in late 2026.</li></ul>

Kyrgyzstan Approves CBDC Pilot, Grants Digital Som Legal Tender Status

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