🔹Cryptocurrency giant #Binance announced a strategic partnership with the National Investment Agency under the President of the Kyrgyz Republic, opening a new chapter in the development of digital assets in Central Asia.
🔸This collaboration involves the implementation of cryptocurrency payment infrastructure through #BinancePay on the territory of Kyrgyzstan. This will allow residents and guests of the country to make contactless payments using digital currencies, providing alternative and convenient payment methods.
🔹Interesting facts about the partnership:
🔸#BinancePay for Kyrgyzstan: The Binance Pay platform will make cryptocurrency payments accessible to a wide range of users, promoting financial inclusion.
🔹Educational initiative: #BinanceAcademy will collaborate with Kyrgyz state institutions and financial institutions to develop educational programs in the field of blockchain and digital finance.
🔸Support for the digital economy: The partnership aims to develop Kyrgyzstan's digital economy and create a favorable environment for innovation in the Web3 sector.
🔹Regional leader: This step positions it as one of the leaders in Central Asia in implementing infrastructure for the use of cryptocurrencies.
🔸Continuation of cooperation: This agreement is a continuation of the previous Memorandum of Understanding signed by former Binance CEO Changpeng Zhao in April regarding the development of the Web3 and blockchain ecosystem of the country.
🔹The significance of this event:
🔸Binance's partnership with Kyrgyzstan is an important step towards expanding the use of cryptocurrencies at the state level. This will not only simplify transactions but also increase the financial literacy of the population and promote the development of innovative technologies in the region.