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The former CEO of Binance, Changpeng Zhao, will begin to advise the Kyrgyz Republic on the regulation and technology of blockchain and cryptography.
It was after the crypto magnate signed a memorandum of understanding with the National Investment Agency (NIA).
“A memorandum of understanding has been signed between the National Investment Agency under the President of the Republic Kyrgyz and Changpeng Zhao (CZ),” said Kyrgyzstan Sadyr Zhaparov in an April 3 x job.
According to the president, the memorandum of understanding with Zhao is a crucial step towards “strengthening technological infrastructure, the implementation of innovative solutions and the preparation of highly qualified specialists in blockchain technologies, virtual asset management and cybersecurity”.
Kyrgyzstan is not the first to exploit Zhao web3 knowledge and expertise. “I officially and unofficially advise some governments on their cryptographic regulatory frameworks and their blockchain solutions for the effectiveness of the government, expanding blockchain more than trading”, ” Zhao Said in a post of April 3.
I officially and unofficially advise some governments on their cryptographic regulatory executives and their blockchain solutions for the effectiveness of the government, expanding blockchain more than trade. I find this work extremely significant.
– CZ 🔶 BNB (@cz_binance) April 3, 2025
Earlier this year, in a post of January 15, Zhao shared that he had discussions related to crypto with Malaysian Prime Minister, Anwar Ibrahim, too.
Zhao has also met officials from the United Arab Emirates (Water) as well as Bhutan, who actively buys Bitcoin.
The meetings of the former CEO of Binance intervene only six months after his release of a four-month sentence in the United States for having violated several anti-flowage laws. Shortly after its release, Zhao made several investments in blockchain technology, as well as emerging technologies such as artificial intelligence and biotechnology.
Without actively involved in Binance, the main exchange of crypto in terms of daily commercial volume, Zhao continued other companies.
After his releaseHe then launched a free educational platform called Laughter Academy.
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post url: https://altcoin.observer/changpeng-zhao-advise-the-kyrgyzel-republic-on-the-blockchain/