Binance has signed a Memorandum of Understanding (MoU) with Kyrgyzstan’s National Agency for Investments to boost the country’s digital asset sector. The announcement was made during the inaugural meeting of the Council for the Development of Digital Assets, attended by President Sadyr Japarov.
As part of the collaboration, Binance Pay will be introduced in Kyrgyzstan, paving the way for crypto-based payment solutions and expanding cross-border transactions across Central Asia and the Eurasian Economic Union (EAEU).
The MoU also includes educational initiatives through Binance Academy, aimed at improving digital asset knowledge among financial institutions and the general public, while also supporting local Web3 development.
Farhat Iminov, head of the National Agency, highlighted the partnership as a major step toward financial inclusion and regional crypto growth. Binance’s regional head, Kyrylo Khomiakov, emphasized the shared vision to use blockchain for economic empowerment and innovation.
This development follows Binance's recent integration of Apple Pay and Google Pay for smoother fiat-to-crypto transactions through Worldpay.
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