Changpeng “Cz” Zhao, former CEO of Binance, has signed a memorandum of understanding (Mou) with the Republic of Kyrgylic to provide consultancy services on cryptic standards and blockchain technology.
The encryption agreement was Announced by the National Investment Agency (Nia)which supervises foreign investments and supports the development of the international business in Kyrgyzstan.
In a post on April 3 on X, CZ confirmed the partnership, saying that it officially and unofficially advises several governments on the regulatory paintings of cryptocurrencies and the use of blockchain to improve government efficiency.
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Advising Blockchain policy is “extremely significant”
Binance’s former CEO described the work as “extremely significant” and underlined the wider role of the blockchain beyond trading.
The president of Kyrgyzstan Sadir Zhaparov also announced his collaboration on social media, calling it a significant step towards the modernization of the country’s technological infrastructures.
He said that the partnership will help implement blockchain solutions, improve virtual resources management, improve computer security and form specialists in related sectors. “These initiatives are crucial for the sustainable growth of the economy and the safety of virtual activities,” said Zhaparov.
Kyrgyzstan
Cryptographic adoption, one country at a time.
He also brought a head of state to X. https://t.co/jyyodiji4z– Cz
BNB (@cz_binance) April 3, 2025
The Republic of Kyrgyzzz, previously known as the Republic of Kyrgyzstan, is a mountainous and outfit country on the sea in central Asia. AND seen as An attractive position for cryptocurrency mining due to its abundant and underutilized renewable energy resources.
Hydroelectric energy represents over 30% of the total energy supply of the country, although only a small The fraction of its potential has been developed, according to the international energy agency.
This is not the first time that CZ has collaborated with governments. At the beginning of this year, he met the prime minister of Malaysia Anwar Ibrahim to notify crypto issues, and also engaged with officials in the United Arab Emirates and BhutanAlthough The details of these meetings remain not disclosed.
Since he completed a prison sentence of four months in the United States for violations of anti -money laundering, CZ Ha State active in the investment Through the blockchain sectors, artificial intelligence and biotechnology.
More recently, he donated 1,000 BNB (for a value of almost $ 600,000) to support the rescue efforts of the earthquake in Thailand and Myanmar.
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The donation of CZ MEME coins triggered an unexpected wave of generosity generosity
Last month, CZ promised 150 BNB (about $ 100,000) to help the victims of the balance of the scale, which had been promoted by the Argentine president Javier Milei.
The donation followed a campaign from a university student who collected $ 50,000 to help over 40,000 affected investors.
After CZ publicly published his donation portfolio, cryptographic users sent more funds than he originally engaged. Zhao, however, declared that he would not keep the surplus and provides for it to redistribute it to other victims of scams of meme coins, including people affected by TST and broccoli.
He clarified that his gesture is not an approval of meme coins. In the meantime, President Milei is under legal control In Argentina for his alleged involvement in promoting the scale and in the associated fraud scandal.
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- CZ signed a memorandum of understanding with Kyrgyzstan to recommend the regulation of the blockchain and the development of technology.
- The partnership aims to improve the country’s digital infrastructures and exploit its renewable energy for cryptocurrency mining.
- CZ continues the defense of the global cryptocurrency, recently giving the victims of scams and advising more governments.
The former CEO of Binance Post Cz to recommend the Kyrgyzz Republic on cryptocurrency and blockchain policy appeared for the first time on 99 bitcoins.