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October 8, 2026 crypto.news News Gold Stablecoin

Kyrgyzstan shuts $50M USDKG months after UK sanctions

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Kyrgyzstan shuts $50M USDKG months after UK sanctions
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Kyrgyzstan has shut down USDKG and ordered its issuer liquidated, while holders can exchange the gold-backed stablecoin for fiat or USDT.

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Reporting source: crypto.news · Publication date: Oct 8, 2026.

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