But will it be sanctions-dodging that finally brings Kyrgyzstan and Switzerland together? If USDKG works the way he says it will, it will be a state-approved backdoor linking the gold market, the traditional financial system, and the crypto world. It would be in short a 21st-century version of what Switzerland used to be for Nazis, dictators, mafiosi, spies and tax-dodgers, before the rest of the world forced it to go straight (ish). But it’s not clear what it can do about a stablecoin if it has no connection to the U.S. financial system and therefore no reason to fear the Department of the Treasury. It wasn’t long ago that Companies House was the preferred source for cheap, reliable shell companies used in money laundering scandals globally.