Changpeng Zhao, co-founder of Binance, is set to advise Kyrgyzstan on blockchain technology and crypto regulations. This support aims to improve governmental efficiency and stimulate economic growth, as defined in a newly signed memorandum of understanding with the Kyrgyz National Investment Agency.
Kyrgyzstan possesses rich renewable energy resources, primarily from hydropower, suitable for crypto mining. The country plans to enhance its technological infrastructure and train blockchain specialists, which are crucial steps for advancing its blockchain ambitions.
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