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Russia
Caucasus and Central Asia
Central Asia
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Kyrgyzstan
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2026
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05
Analyses
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Analyses
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2026-05-21
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Daria Zielińska
The boom in virtual assets in Kyrgyzstan – sanctions as a driver of growth
In 2025, Kyrgyzstan became Central Asia’s leading virtual currency market. According to official data, transactions involving virtual currencies exceeded $31 billion, three times more than in 2024 and far above the country’s nominal GDP.…