Kyrgyzstan has closed its gold-backed stablecoin USDKG less than a year after its $50 million launch, ordering the liquidation of its issuer EVA and state-owned Coin Nomad Exchange. The shutdown follows UK sanctions against the issuer for suspected ties to Russia's government. USDKG holders can redeem tokens for fiat or USDT by contacting the project, though no deadline or detailed process is provided. The move aims to optimize state asset management amid ongoing scrutiny of crypto networks in the region.
The Kyrgyzstan gold-backed stablecoin USDKG closure is noted here with Pluang market data for context. As of Oct 08, 2026 13:41 WIB, 10 of 50 major cryptocurrencies on Pluang rose while 39 fell. Notable movers include VET at Rp141 with a -4.66% change, BCH at Rp5.244.779 down 4.32%, and XLM at Rp3.529 down 4.23%.
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.28% ownership stake in Prologis Inc, amounting to 12,123,997 shares as of October 7, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, indicating significant interest ...
QAIX, a Quantum Computing & AI Alliance based in Manhattan, has opened its global membership program offering companies and tech leaders access to a global network, office spaces in major cities including New York, and resources from NVIDIA and IBM. ...
FLSmidth secured a DKK 360 million contract to supply advanced crushing and grinding equipment for a copper mine expansion in Northern Chile. The order includes the world's largest gyratory crusher, a large SAG mill, and three ball mills, with instal...
On October 8, 2026, Michelin repurchased 202,417 of its own ordinary shares at a weighted average price of €32.33 per share through over-the-counter transactions. The shares bought back are intended for cancellation, which can reduce the total number...
On October 8, 2026, Michelin executed a share buyback, purchasing 202,417 ordinary shares at a weighted average price of €32.33 per share. The shares were acquired through over-the-counter transactions involving several financial institutions and are...
