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CZ’s Kyrgyzstan visit highlights why state backing cannot guarantee a stablecoin exit

What happened

CZ praised KGST on September 5; the separate USDKG project limits direct redemption to institutions, and its issuer has faced UK sanctions since May. Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for.

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