Binance to launch crypto payments in Kyrgyzstan with new partnership

Quick Summary:

Binance Academy will work with Kyrgyz government agencies and financial institutions to develop blockchain-focused learning programs.“Binance is excited to partner with the National Agency for Investments of the Kyrgyz Republic to drive forward the development of crypto-assets in the region,” Kyrylo Khomiakov, Binance’s regional head for Central and Eastern Europe, said.

Source: CZRelated: Ex-Binance CEO chides Europe over crypto adoptionKyrgyzstan president signs CBDC lawDespite its growing interest in crypto and digital assets, Kyrgyzstan has also revealed intentions to launch a central bank digital currency (CBDC).

In an April 17 interview, CEO Richard Teng said the exchange has been advising multiple governments on establishing strategic Bitcoin reserves and formulating crypto asset regulations.“We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng said.

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Article Details

Author / Journalist: Cointelegraph by Amin Haqshanas

Category: Crypto

Markets: United StatesKyrgyzstanMaliPakistan

Topics: Binance Country’s Agency Kyrgyzstan Crypto Digital Launch Assets Kyrgyz April Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 10:46:32 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28356251

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About Coin Telegraph

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Official Website: cointelegraph.com

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