Kyrgyzstan enters the world of CBDC (digital currencies supported by the bank) with President Sadyr Japarov approving the “digital Soma” for generalized use.
With rivals like Russia and Belarus, which are almost finished from their CBDC, the race for the digitization of national currencies is activated. Humor us while we put our hat of aluminum paper … Do you ask yourself, do CBDCs open a split of technology? Will we see a “splinternet?” The revolution as some reject CBDC and others kiss him?
Let’s go.
The legal framework of the CBDCS opens the way to pilot tests
The changes newly signed to the constitutional law of the Kyrgyzel Republic aim to facilitate the launch of a pilot project for the digital SOM. According to a press release from the president’s office, “the objective of constitutional law is to launch a pilot project of a prototype of a national digital currency, the” digital som “, as well as to create a legal basis and its status.”
(source))
With the authority now devolved to the National Bank, the Kirghizstan digital som will soon see real world tests later this year. A final verdict on the deployment is looming on 2026.
The pursuit of the CBDC of Kyrgyzstan is perfectly in a global economic upheaval. While Nigeria, Jamaica and Bahamas all work on CBDC projects, the EU rushes to define the next iteration of its euro. The United States, on the other hand, hides, dragging their feet by engaging in a digital dollar.
The ECB decides if they deploy #CBDC in October 2025.
Everyone in the EU
The chance to speak.
Contract your MP when it still matters
pic.twitter.com/n88jyyg6xj
– Resist CBDC (@resist_cbdc) April 16, 2025
Closer to Kyrgyzstan, Bélarus Eyes 2026 for its entirely operational digital ruble, setting up progressive access for businesses and individuals. Russia’s digital ruble is not far behind, aimed at the same beginnings in mid-December.
Will the CBDC project provoke a SPLINET?
For years, more parts in the Internet like 4chan (RIP) have threatened that Internet users will create another SPLIRNET if centralized technologies like CBDC arise. “They can’t stop us all,” is often the slogan.
The most important point is that the legislation for CBDCs will not go through Western countries because it will paralyze the interests of companies on the Internet. The content is currency. In other words, the Silver Bulte is that billions of dollars depend on the internet that works exactly as it does now.
We will see. Many predict a Splin internet war is inevitable with the introduction of AI, cryptocurrencies and online censorship.
The SPLINET cannot be 100%effective; There will be holes. But maybe it’s worth fighting for one.
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Main to remember
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Kyrgyzstan enters the world of CBDC (digital currencies supported by the bank) with President Sadyr Japarov approving the “digital Soma” for generalized use.
-
While Nigeria, Jamaica and Bahamas all work on CBDC projects, the EU rushes to define the next iteration of its euro.
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Many predict a Splin internet war is inevitable with the introduction of AI, cryptocurrencies and online censorship.
The Post Trump has put aside the CBDCs for Stablecoins: but the Kyrgyzstan CBDC is the next phase of SPLINET appeared first on 99BITcoins.