{"id":22751,"date":"2025-04-18T15:33:12","date_gmt":"2025-04-18T15:33:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22751"},"modified":"2025-04-18T15:33:12","modified_gmt":"2025-04-18T15:33:12","slug":"trump-shelved-cbdcs-for-stablecoins-but-kyrgyzstan-cbdc-is-next-phase-of-splinternet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22751","title":{"rendered":"Trump Shelved CBDCs for Stablecoins: But Kyrgyzstan CBDC Is Next Phase of Splinternet"},"content":{"rendered":"
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Kyrgyzstan is entering the world of CBDCs (central bank-backed digital currencies<\/a>) with President Sadyr Japarov approving the \u201cdigital som\u201d for widespread use.<\/p>\n

With rivals like Russia and Belarus, who are nearing completion of their CBDCs, the race to digitize national currencies<\/a> is on.\u00a0 Humor us while we put on our tinfoil hat\u2026 ask yourself, are CBDCs opening up a split in technology? Will we see a \u201cSplinternet?\u201d revolution as some reject CBDCs and others embrace it?<\/p>\n

Let\u2019s get into it.<\/p>\n

CBDCs Legal Framework Sets the Stage for Pilot Testing<\/h2>\n

The newly signed amendments to the Constitutional Law of the Kyrgyz Republic aim to facilitate the launch of a pilot project for the digital som. According to a statement from the president\u2019s office, \u201cThe purpose of the Constitutional Law is to launch a pilot project of a prototype of a national digital currency, the \u2018digital som,\u2019 as well as to create a legal basis and its status.\u201d<\/p>\n

\"\"<\/p>\n

(source<\/a><\/strong>)<\/p>\n

With authority now vested in the National Bank, Kyrgyzstan\u2019s digital som will soon see real-world trials later this year. A final verdict on rollout looms over 2026.<\/p>\n

Kyrgyzstan\u2019s CBDC pursuit slots neatly into a global economic shake-up. While Nigeria, Jamaica, and the Bahamas are all working on CBDC projects, the EU is racing to define the next iteration of its euro. The U.S., meanwhile, is hedging, dragging its feet on committing to a digital dollar.<\/p>\n

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ECB is deciding if they roll out #CBDC<\/a> this October 2025.<\/p>\n

Everyone in the EU \"\ud83c\uddea\ud83c\uddfa\" has the chance to speak up. <\/p>\n

\"\ud83d\udea8\" Contract your MP while it still matters \"\ud83d\udc48\" pic.twitter.com\/N88jyyG6Xj<\/a><\/p>\n

\u2014 Resist CBDC (@Resist_CBDC) April 16, 2025<\/a><\/p>\n<\/blockquote>\n