Binance has partnered with the National Agency for Investments under the President of the Kyrgyz Republic to drive forward the development of digital assets in the region.

The Memorandum of Understanding (MoU) was signed during the first meeting of the Council for the Development of Digital Assets, attended by President Sadyr Nurgozhoevich Japarov. The agreement lays the groundwork for a long-term, strategic collaboration aimed at unlocking new opportunities in the Kyrgyz digital economy.

“This collaboration not only underscores our commitment to fostering innovation and economic growth,” said Farhat Iminov, Head of the National Agency for Investments, “but also highlights the importance of embracing digital transformation in today’s global economy.”

One of the major initiatives under the partnership will be the rollout of crypto payment options via Binance Pay.

By introducing seamless crypto transactions to the Kyrgyz Republic, Binance and the National Agency for Investments aim to revolutionize cross-border payments — not just within Kyrgyzstan, but across Central Asia and the Eurasian Economic Union (EAEU). The goal is to facilitate faster, simpler, and more inclusive financial flows across borders.

The partnership also puts a strong focus on education. Binance Academy will work with the National Agency for Investments to design programs that promote digital finance literacy.

These initiatives will target not only government agencies and financial institutions but also Kyrgyz citizens at large. The goal is to support the country’s Web3 entrepreneurs and equip people with the skills needed to thrive in a fast-evolving financial landscape.

Kyrylo Khomiakov, Regional Head of CEE, Central Asia, and Africa at Binance, commented:

“This Memorandum of Understanding represents a shared vision for leveraging blockchain technology to create sustainable economic opportunities, improve financial inclusion, and advance the freedom of money in Kyrgyzstan. We look forward to working closely with our partners on all levels of the Kyrgyz government to implement innovative solutions and educational initiatives that will empower individuals and institutions alike.”