National Bank of Kyrgyzstan Authorizes Crypto Escrow Accounts
- National Bank and FinSupervision allows crypto escrow accounts in banks.
- Move expected to boost safety and transparency in transactions.
- Bereket Bank led implementation, complying with new regulations.
Kyrgyzstan’s National Bank now permits banks to establish escrow accounts for cryptocurrency transactions as of November 14, 2025, enhancing security and transparency in the region.
The regulatory shift is expected to attract institutional crypto activity, boosting foreign investment and improving digital asset operations within Kyrgyzstan’s banking sector.
Kyrgyzstan has officially enabled banks to offer escrow accounts for cryptocurrency trades. The National Bank of the Kyrgyz Republic implemented this amendment to increase security and transparency in digital transactions.
The National Bank of Kyrgyzstan and FinSupervision are leading this initiative. They’ve allowed licensed banks to introduce escrow services. Bereket Bank, the first digital asset bank in Kyrgyzstan, has implemented this new feature.
Introducing escrow accounts is expected to increase trust among users and attract foreign investment. The move is a step forward for Kyrgyzstan’s banking sector, bolstering safety in cryptocurrency transactions.
This decision may have implications for the financial and regulatory landscape. Banks must comply with KYC/AML requirements. It strengthens Kyrgyzstan’s image as a crypto-friendly jurisdiction and draws more institutional participants.
No immediate shifts in market liquidity reported. However, analyses suggest that the adoption of escrow systems could result in more stable digital asset trading environments.
Historical precedents, such as in UAE and Singapore, indicate potential positive impacts. These include increased institutional crypto adoption and heightened user trust, enhancing the overall digital finance ecosystem.
The National Bank of the Kyrgyz Republic shared in an official bulletin:
“The National Bank of the Kyrgyz Republic has amended the Resolution on Bank Accounts to include provisions for escrow accounts in cryptocurrency transactions. This measure is aimed at enhancing the security and transparency of digital asset operations within the banking sector.” – Source
