Changpeng Zhao (CZ), CEO of Binance, who is on an official visit to Kazakhstan, signed a cooperation agreement with the Ministry of Digital Development, Innovation and Aviation Industry.
Binance CEO CZon May 25 Kazakhistanmade an official visit to during his visit President Kassym-Zhomart Tokayev, Timur Suleimenov, First Deputy Chief of the General Staff of the President and the country Minister of Digital Development, Innovation and Aviation Industry meeting with CZ, Ministry of Digital Development, Innovation and Aviation Industry with one document of consensus (MoU) signed. In the agreement, the parties expressed their mutual interest in the development of the virtual asset market in the country.
As part of the Binance and Ministry cooperation agreement integrating banking infrastructure into the cryptocurrency market and opportunities to facilitate the development and implementation of distributed ledger technology. will call. The parties are also between local and international talents. Will support Astana Hub and so on the creation of a regional blockchain hub will allow.
The deal also allows Binance to trade crypto assets in Kazakhstan. legal framework and regulatory policy development will include advice on
Minister of Digital Development, Innovation and Aviation Industry Baghdad Musin in his statement “We truly believe that Kazakhstan can become a regional hub for international players in the crypto world.” said.
Binance founder and CEO Changpeng Zhao (CZ)About the subject;
Increasing the adoption of crypto worldwide to make a positive impact on society as a whole is one of our primary goals. Kazakhstan is one of the world leaders in the crypto mining industry. The country was one of the first in the world to initiate the legalization of mining. We believe that in collaboration with local authorities, Binance can greatly contribute to the development of the local crypto community and blockchain ecosystem in Kazakhstan.
made statements.
ChineseKazakhstan, which has become an important region for the crypto industry, with many miners moving their operations to the region after the pressures in At the Astana International Financial Center (AIFC) cryptocurrency exchanges establishment and operating for one pilot project announced that they would test it.
Kazakhstan Prepares to Test a Pilot Project for Cryptocurrency Exchanges at the Astana International Financial Center (AIFC)
Related article: Kazakhstan Prepares to Test a Pilot Project for Cryptocurrency Exchanges at the Astana International Financial Center (AIFC)