According to @HenriArslanian, Kyrgyzstan plans to launch a stablecoin and a central bank digital currency and will explore creating a state crypto reserve, as stated in his X post dated Nov 10, 2025. Source: Henri Arslanian on X. The post includes a YouTube link for further details at bit.ly/3WN8tcJ but provides no timeline, issuer information, regulatory framework, or reserve asset composition, which limits immediate trading catalysts and on-chain positioning clarity. Source: Henri Arslanian on X. The announcement credits Phoenix Group UAE as powering the content, as noted in the post. Source: Henri Arslanian on X.