#StrategicBTCReserve 🔥 Binance founder CZ proposes $BNB and $BTC for Kyrgyzstan’s National Crypto Reserve❗ 🇰🇬

Changpeng Zhao, founder of Binance, has proposed $BNB and $BTC as foundational assets for Kyrgyzstan’s National Crypto Reserve.

#CZBİNANCE believes the proposal will potentially position the Asian country as a digital finance hub.

CZ was appointed to the Kyrgyzstan National Crypto Committee on April 15 to advise, promote, and develop blockchain policy and Web3 strategy.

Changpeng Zhao, aka CZ, founder of Binance, has proposed that Kyrgyzstan adopt BNB and BTC as starting assets for the National Cryptocurrency Reserve. CZ was appointed recently to Kyrgyzstan’s National Crypto Committee to shape the nation’s blockchain and digital assets policies.

In April, the founder of Binance signed a Memorandum of Understanding (MoU) with the National Investment Agency (NIA). The MoU gave CZ the power to advise on blockchain infrastructure and cryptocurrency regulations.

CZ’s partnership with Kyrgyzstan seeks to create a Central Asian Hub for digital assets

CZ revealed that the proposal for a BNB and BTC reserve is his vision for tapping into BNB innovativeness within the Binance ecosystem for DeFi, stacking, and smart contracts. He added that incorporating $BTC as a store of value into the crypto reserve could diversify Kyrgyzstan’s assets.

President Zhaparov formed the partnership for long-term technological integration to make Kyrgyzstan a regional leader in digital innovation. Zhaparov said that the country generates 30% of its energy from hydroelectric power, yet only 10% is utilized. He believes the remaining power could be used to sustainably mine crypto and generate revenue, as well as position the country as a green crypto hub.

In December 2024, the Kyrgyzstan Parliament approved the digital som’s legal framework, with testing scheduled for 2025 and a rollout decision by 2026. According to the law, The Central Bank Digital MarketPullback