- CZ works together with Kyrgyzstan to advise on blockchain integration and crypto regulations.
- Kyrgyzstan lever for hydropower and technical innovation to stimulate sustainable web3 growth.
Changpeng Zhao, the former CEO of Binance [BNB]Step in a new advisory role in Central Asia.
He now works together with the National Investment Agency (NIA) of Kyrgyzstan to support the web 3 transformation of the country.
Through a newly signed MOU, ZHAO will offer strategic guidelines on the acceptance of blockchain and crypto regulations, so that digital assets are integrated into the economic framework of Kyrgyzstan.
The president of Kyrgyzstan and CZ bundles their hands
CZ noted the same and went to X (formerly Twitter) and noted”
“I officially and unofficially advise a few governments on their crypto -controlling frameworks and blockchain solutions for GOV -Efficiency, in which blockchain is extended to more than actions. I find this work extremely useful.”
In response to the CZ Post, Zhaparov said“
“This collaboration marks an important step in the direction of strengthening technological infrastructure, implementing innovative solutions and preparing high -qualified specialists in blockchain technologies, virtual asset management and cyber security.”
Why did CZ opt for Kyrgyzstan?
CZ chose Kyrgyzstan because of its rapid turnout as an important player in the global crypto ecosystem, driven by the strategic use of natural resources and innovative blockchain initiatives.
The renewable energy surrounded by land is renamed the Kyrgyz Republic in 1993, in particular hydropower, which currently contributes more than 30% to its energy supply.
But with only a fraction of its hydro -electric potential tapped, the region offers an enormous capacity for sustainable crypto -mining.
In contrast to the risky Bitcoin gamble of El Salvador, Kyrgyzstan is called “El Salvador 2.0” because of its more balanced approach.
For the non-inexpensive, TEH Country will combine gold-supported financial stability with blockchain-driven transparency.
This progressive attitude underlines the broader increase in crypto activity in Central and South Asia and Oceania (CSAO).
According to Chain analysis’ The latest report, CSAO, received more than $ 750 billion in crypto inflow between July 2023 and June 2024, making it the third largest cryptomarket worldwide.
CZ and his efforts to stimulate blockchain Post Prison
Zhao’s postbinance chapter quickly takes shape when he comes back to the world stage, not as an exchange head but like a wanted blockchain strategist.
After a prison sentence of 4 months in the US for violating anti-money laundering laws, CZ has shifted the focus to advising nations in the field of digital asset integration.
The Prime Minister of Malaysia Anwar Ibrahim personally consulted him in January.
The presence of CZ has also been noted in high-level discussions in the VAE and crypto-forward Bhutan, although the details are not known.
In addition to the policy, CZ is actively investing in blockchain, AI and biotech companies.
His philanthropic side also remains prominent and recently donates 500 BNB (approximately $ 300,000) to the earthquake in Thailand and Myanmar.
In the meantime, BNB traded at $ 596.99 after a 1.18% in the last 24 hours on a time, per Mint market cap.
