Changpeng Zhao, the co-founder of Binance, is actively involved in advising countries on crypto regulations and strategic reserves.
Zhao visited Kyrgyzstan and signed a Memorandum of Understanding (MoU) to collaborate on digital assets, including introducing Binance Pay for cross-border payments.
As part of the partnership, Zhao recommended Kyrgyzstan to consider keeping Bitcoin and Binance Coin (BNB) in its national crypto reserve.
The collaboration aims to enhance financial literacy, improve cross-border payments, and create sustainable economic opportunities using blockchain technology in Kyrgyzstan.