BISHKEK, Kyrgyzstan, May 4, 2025 — Binance, the global blockchain company that operates the largest cryptocurrency exchange, and the National Agency for Investments under the President of the Kyrgyz Republic, have entered into a Memorandum of Understanding (MoU). The goal is to establish a durable, long-term partnership to foster the growth of the digital asset sector in the Kyrgyz Republic.
The memorandum was signed during the inaugural meeting of the Council for the Development of Digital Assets, which was attended by the President of the Kyrgyz Republic, Mr. Sadyr Nurgozhoevich Japarov.
The MoU paves the way for collaboration between the National Agency for Investments and Binance in several key areas. A key component of the partnership is the introduction of crypto payments via Binance Pay in the Kyrgyz Republic, which will simplify transactions for tourists and others. This initiative aims to transform cross-border payment solutions in Central Asia and the Eurasian Economic Union (EAEU), leading to more streamlined and efficient transactions throughout the region.
The agreement also highlights the importance of education. Binance Academy, a major educational platform for blockchain and cryptocurrency, will assist the National Agency for Investments of the Kyrgyz Republic in developing extensive educational programs. These programs are designed to increase awareness among government bodies and financial institutions. Critically, they will also focus on improving the financial literacy of Kyrgyz citizens and supporting local Web3 projects, thereby equipping the people of Kyrgyzstan with the knowledge and skills necessary to succeed in the digital finance era.
“We are excited to begin this strategic partnership with Binance, which is a crucial step in developing the crypto-asset sector in the Kyrgyz Republic. This collaboration demonstrates our dedication to promoting innovation and economic growth, and it underlines the significance of embracing digital transformation in today’s global economy. Together, we intend to build a solid framework that promotes the development of crypto-assets, improves financial literacy, and creates new opportunities for cross-border payments, ultimately benefiting our citizens and the wider region,” said Farhat Iminov, Head of the National Agency for Investments of the Kyrgyz Republic.
“Binance is pleased to collaborate with the National Agency for Investments of the Kyrgyz Republic to advance the development of crypto-assets in the region. This Memorandum of Understanding reflects a shared vision of using blockchain technology to create sustainable economic opportunities, enhance financial inclusion, and promote the freedom of money in Kyrgyzstan. We are eager to work closely with our partners at all levels of the Kyrgyz government to implement innovative solutions and educational programs that will empower individuals and institutions,” said Kyrylo Khomiakov, Regional Head of CEE, Central Asia, and Africa at Binance.
About Binance
Binance is a leading global blockchain ecosystem and the largest cryptocurrency exchange in the world based on trading volume and registered users. Over 260 million people in more than 100 countries trust Binance for its security, transparency, trading engine speed, investor protections, and a wide array of digital asset products and services. These offerings span trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is dedicated to creating an inclusive crypto ecosystem to increase financial access and freedom for people globally, with crypto as the core enabler. For more information, visit:.
About National Investments Agency under the President of the Kyrgyz Republic
The National Investments Agency under the President of the Kyrgyz Republic is a government body focused on attracting foreign investments and assisting international companies in identifying business opportunities in the Kyrgyz Republic.
The National Agency’s main goals are to attract and promote investment into the national economy, assist current and potential exporters in marketing their products abroad, and develop public-private partnership mechanisms.
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