Binance and Kyrgyzstan State Investment Agency sign strategic memorandum of understanding

PANews reported on May 4 that according to Binance’s official blog, Binance has signed a strategic memorandum of understanding with the Kyrgyzstan State Investment Agency to accelerate the development of the country’s digital asset industry. Crypto payments will be brought to Kyrgyzstan through Binance Payment and will rely on the expertise of Binance Academy to support the educational program. This cooperation marks an important step forward in Central Asia to establish a sustainable, innovative and friendly crypto ecosystem.

Earlier on April 15, the National Investment Agency, a subsidiary of the President of the Kyrgyz Republic, signed a strategic memorandum of understanding (MoU) with Binance founder Zhao Changpeng (CZ), appointing him as the official advisor to the development of blockchain, cryptocurrency regulation and Web3 innovation in Kyrgyzstan.

Related readings: "Pushing the golden stablecoin, inviting CZ to be a Web3 consultant, Kyrgyzstan presses the "accelerator" of the national blockchain strategy"