Kyrgyzstan launched KGST, a stablecoin pegged 1:1 to the som, operating on BNB Chain. Former Binance CEO Changpeng Zhao attended the October 24, 2025 launch with President Sadyr Japarov. The National Bank will pilot a central bank digital currency in three phases, with a deployment decision expected by 2026.

Kyrgyzstan has confirmed the launch of a national stablecoin on BNB Chain and outlined plans for a central bank digital currency supported by a crypto reserve that may include BNB. The KGST stablecoin, pegged to the Kyrgyzstani som, will operate on BNB Chain infrastructure, with former Binance CEO Changpeng Zhao serving as a financial adviser to the government. BNB is currently trading around $1,119, consolidating above the 20-day moving average.

Kyrgyzstan has formally added Binance Coin to its national cryptocurrency reserve and deployed two blockchain-based payment systems on BNB Chain: a stablecoin for commercial use and a central bank digital currency for government transactions. The initiative, disclosed by Binance founder Changpeng Zhao on October 25, 2025, includes educational partnerships with ten local universities and collaborations with Web3 firms to integrate identity verification into public administration. BNB traded around $1,113 following the announcement.

Kyrgyzstan has launched its national stablecoin on BNB Chain and confirmed its central bank digital currency, the digital som, is ready for deployment. The government will use the CBDC for official transactions, while the stablecoin will support broader payment and remittance operations. Binance founder Changpeng Zhao disclosed the developments following meetings in Bishkek.

World Liberty Financial (WLFI) and Aster (ASTER) posted double-digit gains after U.S. President Donald Trump pardoned Binance founder Changpeng Zhao on October 23, 2025. WLFI rose 12% to $0.14, while ASTER jumped 20% from $0.94 to $1.13. BNB gained 7.5% overnight, moving from $1,060 to $1,140.

BNB climbed 5.5% after President Donald Trump pardoned Binance co-founder Changpeng Zhao on Thursday. The cryptocurrency recovered to $1,100 following the announcement. Zhao had pleaded guilty to Anti-Money Laundering violations in 2023 and served four months in prison last year.

U.S. President Trump pardoned Binance founder Changpeng Zhao on October 24, a decision he defended by alleging political persecution by the previous administration. The move has ignited debate over cryptocurrency regulatory policy and potential market effects. Binance Coin (BNB) was priced at $1,116.61 with a market capitalization of $155.41 billion on October 23, 2025, data show.