The National Agency for Investments under the President of the Kyrgyante Republic has concluded an official agreement with Binance.
Collaboration aims to explore and develop initiatives in the digital asset sector. The two parties signed a memorandum of understanding (MOU) during the inaugural session of the Council for the Development of Digital Assets, which was assisted by President Sadyr Japarov.
The agreement describes a collaborative approach to integrate the payment solutions for cryptocurrencies and expand digital financial education in the country. A remarkable element of the partnership includes the activation of cryptographic payments via Binance Pay, with the aim of simplifying financial transactions for international visitors to Kyrgyzstan. The authorities suggest that the measure could play a role in the rationalization of cross -border payments in Central Asia and the most width Eurasian economic union.
Educational programs and financial literacy
As part of the arrangement, the Binance Academy will support the efforts of the Kyrgyz government to develop training and awareness programs linked to blockchain and digital assets. The initiative is intended for government services, financial institutions and the general public. The main objective will be to improve financial literacy among Kyrghic citizens and to support emerging web3 projects in the country.
A representative of the National Agency for Investments said that the agreement is intended to lay the foundations for long-term development in the crypto-active sector while promoting economic transformation. According to the official, cooperation reflects an effort to introduce modern financial tools and increase the understanding of the public of digital finance.
Binance officials, on the other hand, described the memorandum of understanding as part of the company’s objective to promote the adoption of blockchain and economic inclusion in Central Asia. They indicated that the company would continue to work with the Kirghic Authorities to implement regulatory, technological and educational initiatives aligned with this objective.
