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Memorandum Signing between Solana and Kazakhstan: Steps Towards Crypto Industry Development

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by Giorgi Kostiuk

5 hours ago


Solana has signed a Memorandum of Understanding with the government of Kazakhstan aimed at developing the crypto industry in the country through startup support and educational initiatives.

Goals of the Memorandum

The signed memorandum, executed by Solana Foundation President Lily Liu and the Ministry of Digital Development of Kazakhstan, aims to develop startups operating on the SOL blockchain by providing additional resources and tools.

The Role of Education in the Crypto Industry

The partnership will also promote developer education in Kazakhstan and advance the tokenization of capital markets to attract more investors to the market.

Prospects of Cooperation

In a short video, Lily Liu noted that the foundation is looking for partners to collaborate and promote innovations that will help increase the adoption of web3 technology. Kazakhstan was highlighted as a suitable partner for this cooperation.

The signing of the Memorandum of Understanding between Solana and Kazakhstan opens new opportunities for the development of the crypto industry and education in the country, highlighting Kazakhstan's commitment to integrating advanced digital technologies into its economy.

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