Kazakhstan will become a regional hub of the crypto industry

Kazakhstan will become a regional hub of the crypto industry. The country’s Industry structures are interested in partnership with large international companies. One of them is the crypto exchange Binance. The parties signed a memorandum of cooperation, which also provides for the implementation of joint educational programs in the field of digital finance and blockchain technology. Binance CEO Changpeng Zhao visited the Astana Hub’s Blockchain Center, where he was introduced to advanced technological projects. In an interview with Qazaq TV, the foreign expert said that he was impressed by the development level of the innovation ecosystem in the country.

«We want to make investments in the local economy both inside crypto space and also outside, and we want to invest more in the educational efforts and local communities, including collaborating with universities.  We have a local team in Kazakhstan and they have been working with the government for quite a while. Kazakhstan is a very important market, and the Kazakh government is open and has very progressive thinking», - emphasized Changpeng Zhao

Bloomberg Businessweek listed Changpeng Zhao among the 2020 Bloomberg 50, i.e. one of influential people who have changed the global business landscape.

 

Translation by Assem Zhanmukhanova