Kyrgyz Republic Approved to Proceed with Nano Labs’ CNH-Pegged Stablecoin Initiative

The stablecoin project (the "Project") aims to support the growing trade and economic cooperation between China and Kyrgyzstan-facilitate cross-border settlements, expand investment opportunities, and increase transparency of operations in the digital financial space. In line with recommendations from the Kyrgyz authorities, Nano Labs will submit a comprehensive white paper and key technical documentation. The Company will continue to collaborate closely with all relevant stakeholders to ensure the Project' ...