Kyrgyzstan has unveiled plans to permit banks and financial institutions to custody Bitcoin and other cryptocurrencies, marking a significant step in its digital asset strategy. This initiative, spearheaded by President Sadyr Japarov and strategic advisor Changpeng Zhao, seeks to modernize the nation's financial services and align with global cryptocurrency trends. The new policy framework is designed to enhance regulatory oversight, attract foreign investment, and encourage institutional adoption of digital assets. By allowing banks to custody cryptocurrencies, Kyrgyzstan aims to position itself as a forward-thinking player in the global financial landscape.