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    01/24/2025, 13:47

    The Ministry of Finance of Kyrgyzstan registered the first state-owned cryptocurrency exchange

    A new company, Coin National Exchange, has been registered in Kyrgyzstan. The main activity is listed as financial market management, a category in which both classic stock and cryptocurrency exchanges are usually registered. However, judging by the company's name, it can be assumed that its core business is related to operations with crypto-assets.

    The public joint-stock company was officially entered into the register of the Ministry of Justice on December 30, 2024. The main activity of the company is indicated as financial markets management. The Kyrgyz Stock Exchange, BTS Exchange, EVDE Universal Exchange and a number of crypto exchanges operate in this category today.

    Coin National Exchange is a state-owned organization. The only shareholder of the company is the Ministry of Finance of the republic, and the head is listed as Biybolot Mamytov.

    It is known from the documents of the Ministry of Finance that in 2024, 100 million KGS were allocated from the republican budget to form the initial authorized capital of Coin National Exchange.


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