Kyrgyzstan closes 16 more firms as crypto turnover surged to 2.7 trillion soms
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Key takeaways
- Kyrgyzstan closed 16 additional companies involved in crypto.
- The closures aim to prevent international sanction circumvention.
- National cryptocurrency turnover surged to 2.7 trillion soms.
The Ministry of Economy and Commerce of Kyrgyzstan has announced the closure of an additional 16 companies as part of an effort to mitigate the risks associated with circumventing international sanctions.
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