A Kyrgyzstan parliamentary committee voted on 27 October to advance a draft law in its second reading that would prohibit binary options schemes. The proposal would also ban their promotion and recruitment, and increase criminal sanctions for illegal gambling and lottery operations, according to the report.
A committee of Kyrgyzstan's parliament voted on 27 October to advance a draft law in its second reading that would prohibit binary options schemes, according to a report. The Zhogorku Kenesh Committee on Finance, Budget, Entrepreneurship, and Competition Development approved the draft, which would also ban the promotion and recruitment of participants and increase criminal sanctions for illegal gambling and lottery operations. The measures are provisions of a draft law and are not in force.