of March 6, 2025 No. 117
About modification of the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About questions of regulation of the relations arising in case of turnover of virtual assets" of September 16, 2022 No. 514
For the purpose of increase in efficiency of activities of service providers of virtual assets, according to article 28 of the Law of the Kyrgyz Republic "About virtual assets", articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:
1. Bring in the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About questions of regulation of the relations arising in case of turnover of virtual assets" of September 16, 2022 No. 514 the following change:
in Regulations on activities of the operator of the biddings of virtual assets (cryptoexchange) and the maintaining the Register of operators of the biddings of virtual assets (cryptoexchanges) approved by the above-stated resolution:
- in Item 48 of the word "100000000 (hundred million) som" shall be replaced with words "10000000000 (ten billion) som".
2. To the acting service providers of virtual assets to bring the size of the authorized capital into accord with requirements of this resolution till January 1, 2026.
3. This resolution becomes effective after fifteen days from the date of official publication.
Chairman of the Cabinet of Ministers of the Kyrgyz Republic
A.Kasymaliyev
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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