The National Bank of the Kyrgyz Republic, supported by the International Finance Corporation (IFC), held a roundtable on 22 December 2025 to discuss priorities for developing digital financial technologies in the Kyrgyz Republic. The discussion covered current projects and trends spanning digital payments and innovative payment solutions, financial market infrastructure, and the virtual assets market, including related regulatory questions. Representatives from the Union of Banks of Kyrgyzstan, commercial banks, the Association of Virtual Assets Market Participants, and the Association of Payment System Operators and Payment Organizations attended alongside IFC and the Embassy of Switzerland. IFC research on QR payments was presented, and participants reviewed practical results from ongoing initiatives as well as key challenges and opportunities for further fintech development. A member of the National Bank’s Board, S.K. Abdygaziev, highlighted the Bank’s work to establish regulatory and institutional conditions for modern financial technologies and called for closer cooperation among stakeholders to develop regulatory approaches and innovative products, including infrastructure modernization, new standards and technologies, and a near-term fintech development strategy; participants also underscored the value of regular dialogue and coordinated efforts across the ecosystem.

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