The Kyrgyz Republic has signed a strategic Memorandum of Understanding with Binance founder Changpeng Zhao, appointing him as an official adviser on blockchain and digital asset development.
Collaboration with Binance
The National Investment Agency under the President of the Kyrgyz Republic has signed a memorandum with Binance founder Changpeng Zhao. Under the agreement, Zhao will provide guidance to the Kyrgyz government on shaping a forward-looking framework for digital assets.
Objectives of the MoU
The main goal of the collaboration is to accelerate talent development and create a favorable environment for innovation in decentralized finance and Web3 technologies. The MoU also includes technical support for blockchain infrastructure and policy formulation.
Prospects for Digital Finance
This agreement signals institutional readiness to embrace regulatory clarity and international cooperation in the realm of digital finance. It positions Kyrgyzstan among countries actively partnering with global blockchain leaders for digital asset integration.
The signed MoU opens new horizons for Kyrgyzstan in digital finance and technology, emphasizing the country’s commitment to modernizing its financial system.
