Catenaa, Tuesday, May 13, 2025-Binance has signed a strategic partnership with the National Agency for Investments under the President of the Kyrgyz Republic to accelerate the growth of the country’s digital-asset sector.
The Memorandum of Understanding (MoU) was finalized during the inaugural meeting of the Council for the Development of Digital Assets, with Kyrgyz President Sadyr Japarov in attendance.
This collaboration marks a pivotal move toward integrating cryptocurrency into the country’s financial ecosystem. One of the main objectives is to introduce Binance Pay, facilitating crypto payments in Kyrgyzstan and across the Eurasian Economic Union (EAEU). The partnership aims to enhance cross-border financial transactions, making them faster and more accessible.
Additionally, Binance Academy, a leading global platform for blockchain education, will work with Kyrgyz authorities to launch programs designed to improve digital finance literacy. These educational initiatives will target government entities, financial institutions, and the general public, with a special focus on supporting Web3 entrepreneurs in Kyrgyzstan.
Farhat Iminov, head of the National Agency for Investments, emphasized the importance of this collaboration in driving innovation and embracing digital transformation in the global economy. Kyrylo Khomiakov, Binance’s regional head for Central and Eastern Europe, Central Asia, and Africa, highlighted the partnership’s potential to foster financial inclusion and create sustainable economic opportunities in the region.
This agreement represents a significant step in Binance’s global mission to expand crypto adoption and create new opportunities through blockchain technology.
