Binance lists Kyrgyzstan’s som-pegged KGST stablecoin after new laws and gold-backed token

Kyrgyzstan President Sadyr Japarov said on Wednesday that KGST, a stablecoin pegged to the national currency som, has been listed on Binance and is intended to support cross-border payments. The move follows new crypto legislation, the launch of the gold-backed USDKG dollar stablecoin on Tron with 50 million units, and plans to establish a national crypto reserve as part of the country’s broader digital asset strategy.