KYRYZSTASTASTASTASTASTAN has stepped into a concrete stage for creating a state -of -the -art reserve army of encryption assets at the center of Bitcoin.
Kyrgyzstan aims to Bitcoin Reserve and State Mining
In a hearing by the Zhogorku Kenesh Committee on the budget, economic and fiscal policy on September 9, BAKYT SYDYKOV, a minister of economic trade, said that the amendment to the law on virtual assets will introduce the concepts of “national mining” and “national cryptocurrency reserve forces.”
He insisted that the reserve army would be built through several channels: “The issuance of Staybles, supported by mining, tokenization of real assets and national currency,” said that this mechanism would “strengthen the state’s financial stability and provide new accumulation tools.”
The minister has fixed the discussion of the size of this sector in a difficult number. From January to July 2025, the turnover rate of the entire company operated by Kyrgyzstan’s cryptocurrency economy created “900 million to 1 to 1 billion SOM” from tax revenues. Sydykov said that the official reggis tree has now enumerated 169 encryption exchangers, 13 encryption exchange and 11 mining companies.
Energy security and the state dominated the committee’s exchange of what my assets would actually do. MP Dastan Bekeshev said, “About 800 million kilowatts need about 800 million kilowatts to mine Bitcoin once, which is enough energy to supply about 1,200 apartments for a month, and winter is approaching.
Sydykov said that Kyrgyzstan would apply a separate power tariff to the mining and the state would comply with them. He emphasized that mining farms would not be located in the Thermal Power Plant (TPP) or construction under Kambar-Tada Hydro facility. The minister said, “The main purpose of the thermal power plant and hydroelectric power plant, including KAMBAR-ATA-1 under construction, is not related to mining. The capacity of a small hydropower plant is used in this area.
There is also a draft inspection market rules. Sydykov said that from January 1, 2026, all encryption exchange, which is expected to operate in Korea, should have at least 10 billion cotton in accredited capital.
In this legislative media media, “main mining” is defined as the extraction of digital assets using main energy, infrastructure and technology resources, and should be composed of token and acquisitions of virtual assets owned by the state as well as mining income.
The language of this bill continues to use “Cryptocurrency Reserve”, but committee exchange and risk frames are centered on Bitcoin. BEKESHEV’s comparison of power use explicitly mentioned “One Bitcoin” and the government’s favorite mining.
Kyrgyzstan struck the encryption of Kazakhstan Central Asia
This real emphasis also matches the preliminary policy signal. In mid -April, Kyrgyzstan’s national investment agency signed a strategic memorandum with Binance’s co -founder, Changpeng Zhao, and officially appointed him as an advisor to the National Blockchain Policy and WEB3 strategy. In early May, during the visit to Bishkek, Zhao publicly proposed to use Bitcoin (Alongside BNB) as an initial asset of the national encryption reserve army.
The encryption division of Kyrgyzstan becomes a budget contribution and a designated scientific flash point. The surge in domestic platform activities was consistent with Western sanctions, including the UK and US measures in August. The government rejected the wrong claim and emphasized the fact that the bank was under the supervision.
The regional context is moving at the same time. Neighboring Kazakhstan has just proposed to create a “cryptocurrency preliminary fund” according to the state of the state blueprint, which is part of the pilot “encryption” and new laws, which have just been pilot “encryption” and new laws.
Analyst Daniel Batten emphasized the main difference from other countries with other Bitcoin-Curious countries. “Unlike El Salvador, Pakistan, Argentina, and Kazakhstan, Kazakhstan doesn’t have an IMF loan.” In the case of ASTANA, the second central Asian sovereign buffer of the region will be built to strengthen the regulatory and competitive mechanics of the region.
Bitcoin was traded at $ 112,684 in the prestime time.
DALL.E, major images made with charts on TradingView.com
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