Binance Founder CZ Signs MoU with Kyrgyzstan to Boost Crypto and Blockchain Ecosystem

Binance founder CZ has signed a memorandum of understanding (MoU) with the National Investment Agency under the President of the Kyrgyz Republic, marking a significant step toward advancing blockchain and cryptocurrency adoption in the region.According to the official announcement, the partnership aims to jointly promote the development of Kyrgyzstan's cryptocurrency and blockchain technology ecosystem. The MoU outlines plans for infrastructure and technical support, professional consulting services, and the implementation of educational initiatives related to blockchain and digital assets.Zhao commented on the initiative, saying,“I have been providing advice to several countries, both formally and informally, to help develop regulatory frameworks for cryptocurrencies, and to promote the use of blockchain to improve government efficiency and expand blockchain to more areas beyond transactions. I think this work is very meaningful.”The agreement reflects Kyrgyzstan’s growing interest in digital innovation and positions the country as a potential regional hub for Web3 development.