BISHKEK, KYRGYZSTAN – April 2025 – The National Investment Agency under the President of the Kyrgyz Republic has signed a strategic Memorandum of Understanding (MoU) with Binance founder Changpeng Zhao (CZ), appointing him as an official advisor on national blockchain development, crypto regulation, and Web3 innovation.
Under the agreement, CZ will provide guidance to the Kyrgyz government on shaping a forward-looking framework for digital assets, including technical support for blockchain infrastructure and policy formulation. The collaboration also focuses on accelerating talent development and creating a favorable environment for innovation in decentralized finance (DeFi) and Web3 technologies.
The initiative aligns with Kyrgyzstan’s broader push to modernize its financial system and become a regional center for digital innovation. According to the Office of the President official statement, the development of blockchain and digital finance is a national priority.
“We welcome global leaders who bring deep expertise and can help shape a forward-looking, secure ecosystem,” said President Sadyr Japarov. “Blockchain and digital finance are national priorities, and this partnership marks a meaningful step forward.”
Beyond regulatory efforts, the MoU outlines initiatives to support education, workforce training, and cross-border knowledge exchange in blockchain-related fields. These efforts aim to foster domestic entrepreneurship and align Kyrgyzstan with global best practices in virtual asset oversight.
For digital finance ecosystems already operating in the region, this move signals institutional readiness to embrace regulatory clarity and international cooperation. It sets the stage for more robust engagement between traditional institutions and blockchain-based financial systems, paving the way for compliant, scalable digital asset integration.
With this agreement, Kyrgyzstan joins a growing group of countries actively partnering with global blockchain leaders to bridge the gap between legacy systems and decentralized technologies — with execution now firmly on the agenda.