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Home / More News / Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions

Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions

  Crypto Today
Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions
Kyrgyzstan flag with coinsKyrgyzstan is winding down USDKG, its state-backed gold stablecoin, and liquidating both its issuer and the country’s first state-owned crypto exchange. Kyrgyzstan Pulls Plug on USDKG and State-Owned Crypto Exchange Kyrgyzstan is pulling the plug on one of the crypto industry’s more unusual sovereign experiments. The government has ordered the liquidation of EVA, issuer of […]

Source: Bitcoin.com News


  Crypto Today