PANews reported on May 4 that according to Binance's official blog, Binance has signed a strategic memorandum of understanding with the Kyrgyz National Investment Agency to accelerate the development of the country's digital asset industry. It will bring crypto payments to Kyrgyzstan through Binance Payments and support educational programs with the expertise of Binance Academy. This cooperation marks an important step towards building a sustainable, innovation-friendly crypto ecosystem in Central Asia.

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

Related reading: "Kyrgyzstan promotes gold stablecoin, invites CZ as Web3 consultant, presses the "accelerator" of blockchain national strategy"