吉尔吉斯斯坦继续巩固其作为区域加密枢纽的地位

该国正在推进其数字资产法规，测试法律框架和启动许可平台。

Kyrgyzstan continues to strengthen its position as a regional crypto hub by rolling out new digital asset classes. The country is advancing its legislation, testing legal frameworks, and launching platforms in full compliance with regulatory obligations.

吉尔吉斯斯坦通过推出新的数字资产类别，继续加强其作为区域加密枢纽的地位。该国正在推进其立法，测试法律框架，并完全符合监管义务。

One of the key steps in this direction is the launch of A7A5 — a stablecoin pegged to the Russian ruble within the cryptocurrency ecosystem. The token was issued by the Kyrgyz company Old Vector in full compliance with local regulatory requirements and with the support of the Kyrgyz government.

朝这个方向发展的关键步骤之一是A7A5的推出，这是一个与加密货币生态系统中俄罗斯卢布挂钩的稳定者。令牌是由吉尔吉斯公司Old Vector发行的，完全符合当地监管要求，并在吉尔吉斯政府的支持下。

As part of the strategic course set by the country’s president, Kyrgyzstan has adopted a comprehensive package of laws regulating the cryptocurrency market. For the first time, the country has introduced full legislation on digital assets, covering all major aspects of the industry — from exchanges to token issuers. This has created a new institutional infrastructure that did not previously exist in the market.

作为该国总统制定的战略课程的一部分，吉尔吉斯斯坦采用了一系列规范加密货币市场的法律。该国首次提出了有关数字资产的完整立法，涵盖了该行业的所有主要方面 - 从交易所到代币发行人。这创造了一种新的机构基础设施，该基础设施以前不存在。

Among the unique innovations is the mechanism for registering token issuances under official state supervision. Regulators ensure that token emissions comply with regulatory requirements, have fiat backing, undergo regular audits, and meet obligations to token holders. In essence, Kyrgyzstan provides one of the most transparent and secure tokenization models in the world.

在独特的创新中，在官方州监督下注册令牌发行的机制。监管机构确保令牌排放符合监管要求，具有法定支持，进行定期审计并履行对代币持有人的义务。从本质上讲，吉尔吉斯斯坦提供了世界上最透明，最安全的令牌化模型之一。

The first issuance of A7A5 (mint) was carried out in complete accordance with the new national legislation — under the control of regulatory authorities and directed to an officially registered, regulated broker.

第一次发布A7A5（MINT）是根据新的国家立法完全按照监管当局控制的，并致力于官方注册的，受监管的经纪人。

The A7A5 token is now available for trading on the regulated exchange Meer Exchange and is expected to be listed on decentralized platforms in the future. Its fiat backing is stored in bank accounts, and its volume is audited by an independent firm on a quarterly basis. The key advantage of A7A5 is the opportunity to earn up to 20% annually, driven by its link to the refinancing rate of the Central Bank of the Russian Federation and additional income strategies in DeFi.

A7A5令牌现在可以在受监管的Meer Exchange上进行交易，预计将来将在分散的平台上列出。它的菲亚特支持存储在银行帐户中，其数量由独立公司季度审核。 A7A5的主要优势是，在与俄罗斯联邦中央银行的再融资率以及DEFI中的其他收入策略的联系中，每年最多赚取20％的机会。

The digital asset market is moving toward the integration of traditional finance with decentralized technologies. The emergence of stablecoins has enabled users to:

数字资产市场正在朝着将传统金融与分散技术融合的趋势。 Stablecoins的出现使用户能够：

However, despite the overall growth of the segment, stablecoins denominated in other currencies are still in their early stages.

但是，尽管该细分市场的总体增长，但在其他货币中以其他货币计价的稳定剂仍处于早期阶段。

Although the segment has seen significant capitalization, stablecoins other than the dollar have very limited trading volumes. This limits the potential for building robust currency strategies, including FX and carry trades, which are at the core of the global financial market with a daily volume exceeding $7 trillion.

尽管该细分市场已经看到了大量资本化，但除美元以外的其他稳定币的交易量非常有限。这限制了建立强大货币战略的潜力，包括FX和Carry Trades，这是全球金融市场的核心，每天的数量超过7万亿美元。

To execute a traditional carry trade strategy in the digital space, several key elements are still missing:

为了在数字领域执行传统的携带贸易策略，仍然缺少几个关键要素：

The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including:

A7A5的推出，随后在CEX和DEX上列出，标志着扩展加密投资者可用工具范围的第一步，其中包括：

A7A5 is designed for investors who are ready to leverage next-generation technologies to achieve higher returns, given the limited alternatives in the world of traditional finance. Its listing on Meer Exchange ensures liquidity, transparency, and institutional access to a new class of digital assets tied to the Russian economy and emerging markets.

A7A5是为投资者设计的，鉴于传统金融领域的替代方案有限，准备利用下一代技术来获得更高的回报。它在Meer Exchange上的上市确保了与俄罗斯经济和新兴市场相关的新数字资产的流动性，透明度和机构访问。