• September 26, 2023


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The Central Bank of Kyrgyzstan Warns Citizens Against Crypto Investment

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The National Bank of Kyrgyzstan is against the recognition of Bitcoin as a means of payment in the country. In late March, the head of the Central Bank, Zair Chokaev, said that it was possible to pay for goods and services in the domestic market only with the som, the national currency.

Last week, the central bank of the country again urged citizens not to invest in digital currencies.

According to the press service of the regulator, content popularizing cryptocurrency investments has recently been published on the Internet.

However, the users of social networks must remember that virtual coins are financial pyramids, and only those who create such instruments and attract investors, promising them a huge income, actually receive profit.