Binance to bring crypto payments to Kyrgyz Republic

From Yahoo Finance: 2025-05-05 07:35:00

Binance partners with the National Agency for Investments of Kyrgyz Republic to boost digital asset growth in the region. Binance Pay will be introduced, promoting crypto-based payments in Kyrgyzstan, aiming to enhance cross-border payment systems in Central Asia and EAEU. Binance Academy will assist in educational initiatives to improve digital asset knowledge and financial literacy.

The collaboration was announced during the first meeting of the Council for the Development of Digital Assets, attended by Kyrgyz President Sadyr Nurgozhoevich Japarov. The partnership aims to create a framework supporting crypto-assets development, financial literacy, and cross-border payments, benefiting the citizens and the broader region. Binance looks forward to implementing innovative solutions with the Kyrgyz government to empower individuals and institutions.

Binance expanded its fiat onramp ecosystem by integrating Apple Pay and Google Pay with Worldpay. Users can now use credit or debit cards linked to these digital wallets for cryptocurrency purchases, simplifying Binance’s fiat-to-crypto transaction process. The move aims to streamline the payment process and enhance accessibility to crypto in the Kyrgyz Republic.

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