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Binance has signed a Memorandum of Understanding (MoU) with Kyrgyzstan’s National Agency for Investments to introduce crypto payment infrastructure and blockchain education programs in the country. This partnership was formalized during the inaugural meeting of the Council for the Development of Digital Assets, attended by Kyrgyz President Sadyr Japarov.
Key Highlights:
Binance Pay Introduction: Binance will introduce Binance Pay to Kyrgyzstan, enabling crypto-based transactions for visitors and residents.
Educational Collaboration: Binance Academy will collaborate with Kyrgyz government agencies and financial institutions to develop blockchain-focused learning programs.
CZ’s Advisory Role: Former Binance CEO Changpeng “CZ” Zhao has agreed to advise Kyrgyzstan on blockchain and crypto-related regulation after signing an MoU with the country’s foreign investment agency.
This partnership marks a significant step towards integrating cryptocurrency into Kyrgyzstan’s financial ecosystem and promoting blockchain education in the region.
