The post CZ encourages crypto companies to explore Kyrgyzstan appeared on BitcoinEthereumNews.com.

Binance co-founder Changpeng Zhao (CZ) has asked crypto companies to consider Kyrgyzstan as a country with high potential for digital innovation. Zhao visited the Central Asian nation for two days to have meetings with government officials, tour national landmarks, and discuss expanding the country’s digital economy. During his stay, Zhao held an informal meeting with Kyrgyzstan’s President, Sadyr Japarov, where the two discussed opportunities to strengthen cooperation in blockchain technology and attract international investment.  Zhao talked about the visit positively on social media platform X, stating he “had a great time in Kyrgyzstan” in the past two days.  “I encourage more crypto companies to explore the country too,” the former Binance CEO wrote on X early Saturday morning. Zhao and President Japarov also visited Ala-Archa National Park, an excursion shared by Presidential press secretary Askat Alagozov on Facebook. Kyrgyzstan opens doors to cryptocurrencies, working on regulatory clarity Kyrgyzstan is actively developing a national strategy for digital assets, introducing concepts like “state cryptocurrency reserve” and “state mining,” according to Farhat Iminov, head of the Secretariat of the National Council for the development of virtual assets and blockchain technologies under the President.  During a National Council meeting on virtual assets, Iminov told policymakers in attendance the progress made since the council’s first meeting on May 3, local news outlet Kabar reported. He reiterated that the Secretariat is focused on improving the legal and institutional environment for blockchain and virtual asset development in Kyrgyzstan with innovation-friendly policies. The Secretariat is reportedly in talks with the Ministry of Economy and Commerce to draft amendments to the Kyrgyz Republic’s law on Virtual Assets. The changes include a legal definition of stablecoins and asset-backed tokens, commonly referred to as RWA tokens.  Additionally, the amendments envision a “regulatory sandbox” to allow the testing of innovative financial solutions…

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Filed under: News - @ October 25, 2025 8:28 am