CZ to Advise Kyrgyzstan on Blockchain Technology

Changpeng Zhao, the founder of Binance, will advise Kyrgyzstan on blockchain technology and cryptocurrency to help boost the country’s economic development and digital infrastructure.

Cz To Advise Kyrgyzstan On Blockchain Technology

Changpeng Zhao, founder of Binance and former CEO of the world’s largest cryptocurrency exchange, has signed a memorandum of understanding with Kyrgyzstan’s National Investment Agency (NIA) to serve as an advisor on blockchain technology and crypto-related matters. The partnership aims to support the development of the country’s government systems and economy.

On April 3, CZ shared on social platform X: “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for government efficiency—expanding blockchain beyond just trading. I find this work extremely meaningful.”

His post followed an announcement by Kyrgyz President Sadyr Zhaparov that the NIA had signed an agreement with CZ to receive technical expertise and consulting services in blockchain and cryptocurrency.

The NIA is tasked with promoting foreign investment and helping international companies explore business opportunities in Kyrgyzstan. President Zhaparov stated: “This collaboration is an important step toward strengthening technological infrastructure, implementing innovative solutions, and preparing highly skilled specialists in blockchain, digital asset management, and cybersecurity.”

Cz Announcement On X
Cz Announcement On X

He added: “Such initiatives are crucial for the sustainable growth of the economy and the security of virtual assets, ultimately creating new opportunities for businesses and society as a whole.”

Kyrgyzstan—officially renamed the Kyrgyz Republic in 1993—is a mountainous, landlocked country. It is considered highly suitable for cryptocurrency mining due to its abundant but underutilized renewable energy resources. According to the International Energy Agency, over 30% of the nation’s energy supply comes from hydroelectric power, but only about 10% of its full hydropower potential has been tapped.

Beyond Kyrgyzstan, CZ has also engaged with other Asian governments. He recently met with Malaysian Prime Minister Anwar Ibrahim to discuss crypto-related matters. CZ has also held meetings with officials in the United Arab Emirates and Bhutan, the latter known for its Bitcoin accumulation policies, although the details of those meetings remain undisclosed.

These developments follow CZ’s release from a four-month prison sentence in the United States for violating anti-money laundering regulations. Since then, he has invested in blockchain technology, artificial intelligence, and biotech ventures. Recently, he donated 1,000 BNB—worth nearly $600,000—to support earthquake relief efforts in Thailand and Myanmar following a natural disaster in late April.

(6 votes)

4.8/5

(6 votes)

Latest

70% Of Bnb Chain Memecoin Investors Are In Profit

News | Editor Choice | Memecoin

70% of BNB Chain Memecoin Investors Are in Profit – CZ’s “Meme Season” Is in Full Swing

The memecoin wave on the BNB Chain is exploding, with over 70% of investors reporting profits as capital floods in — marking the start of the most vibrant “meme season” ever predicted by CZ.

Paypay Acquires 40% Stake In Binance Japan

News | Editor Choice | Policy & Regulations

PayPay Acquires 40% Stake in Binance Japan

The acquisition of a 40% stake in Binance Japan marks a historic milestone for PayPay, paving the way for the convergence of traditional payments and digital assets, and shaping the future of Japan’s digital finance landscape.

Bitcoin Boom Ahead Institutional And Derivatives Data Reveal

News | Bitcoin | Editor Choice

Bitcoin Boom Ahead? Institutional and Derivatives Data Reveal

Market experts believe that Bitcoin (BTC) is in a phase of accumulation rather than topping, predicting a retest before the next explosive breakout.

Bnb Super Cycle – A Massive Rally Or Binance’s Next Big Bubble

News | Altcoin | Editor Choice

BNB Super Cycle – A Massive Rally or Binance’s Next Big Bubble?

Binance’s BNB token is heating up the crypto market with a series of new record highs, but amid the excitement of the so-called “Super Cycle,” many analysts warn it could just be a bubble waiting to burst.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Screenshot 2025 09 10 100533