Kyrgyzstan partners with CZ for blockchain growth and education

Binance founder Changpeng ‘CZ’ Zhao has signed a memorandum of understanding (MoU) with the Kyrgyz Republic’s National Investment Agency (NIA) to develop the country’s cryptocurrency and blockchain ecosystem.  

The agreement, announced on April 3, 2025, by Kyrgyz President Sadyr Zhaparov, focuses on regulatory consulting, infrastructure development, and educational initiatives.  

It aims to strengthen Kyrgyzstan’s technological infrastructure, enhance digital asset security, and train local specialists in blockchain and cybersecurity.  

According to the NIA, the partnership seeks to position Kyrgyzstan as a forward-thinking digital economy in Central Asia.  

“This initiative opens new horizons for the development of digital technologies,” President Zhaparov said, highlighting its potential contribution to the country’s economic growth.  

CZ confirmed the collaboration in a post on X (formerly Twitter), stating that he advises several governments on crypto regulations and blockchain solutions beyond trading.  

“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency,” CZ wrote.  

The MoU includes provisions for technical support, professional consulting services, and educational programs to raise awareness and expertise in blockchain-related fields.  

These efforts are expected to attract foreign investment and foster innovation in Kyrgyzstan’s digital economy.  

The NIA, which operates under the President of Kyrgyzstan, plays a key role in attracting international businesses.  

Officials noted that this partnership aligns with the country’s goal of becoming a regional leader in blockchain innovation.  

CZ’s involvement follows his departure from Binance in late 2023 after pleading guilty to a money laundering charge in the United States.  

Having served a four-month sentence, CZ has since shifted his focus to advisory roles within the industry.  

While no timeline has been announced for specific initiatives under the agreement, both parties indicated that implementation will begin in the coming months.