The country of Kyrgyzstan and the founder of the world’s leading crypto exchange have just closed a deal to promote crypto technologies in the central -Asian nation.
In a position on social media platform X, Kirgyzia, President Sadyr Zhaparov, Changpeng Zhao (CZ) and the National Investment Office under the President of the Kyrgyz Republic have just signed a memorandum of agreement that represent their intention to work together in the development of a cryptocurrue -system.
“This includes offering infrastructure, technological support, technical expertise and advisory services on cryptocurrencies and blockchain technologies, as well as implementing educational initiatives.”
Zhaparov says that the partnership can strengthen technological infrastructure, implement innovative solutions and prepare highly qualified specialists in blockchain technologies, virtual asset management and cyber security.
“In the light of the rapid worldwide evolution of digital technologies, such initiatives are crucial for the sustainable growth of the economy and the safety of virtual assets, which ultimately generates new opportunities for companies and society as a whole.”
Zhao says he is working on stimulating crypto -adoption one country at a time. Says the Canadian businessman born in China in a post on X,
“I officially and unofficially advise a few governments on their crypto -controlling frameworks and blockchain solutions for GOV -Efficiency, in which blockchain is extended to more than actions. I find this work extremely useful.”
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