Binance has signed an MoU with Kyrgyzstan to expand crypto payments and blockchain education through Binance Pay and Binance Academy.
The collaboration aims to introduce Binance Pay for easier crypto transactions and provide blockchain education in Kyrgyzstan, with support from the country's President.
Binance's retail dominance is at 89.6%, indicating that most users on their platform are individuals, not institutions or large investors.
In other news, Binance is involved in legal issues in Nigeria, where the government is demanding $81.5 billion in compensation. However, Binance.US has reactivated full USD services for eligible customers.