#crypto2023 news update :
Signing in #Kazakhstan :
On June 21, 2023, CZ, the CEO of Binance, signed a memorandum of understanding (MoU) with the President of Kazakhstan, Kassym-Jomart Tokayev, and the Minister of Information Technology, Bagdat Mussin. The MoU was signed in Astana, the capital of Kazakhstan .
The MoU is a framework agreement that outlines the cooperation between Binance and the government of Kazakhstan in the field of cryptocurrency. The agreement covers a number of areas, including the development of a regulated cryptocurrency exchange in Kazakhstan, the promotion of blockchain technology, and the training of Kazakhstani citizens in the field of cryptocurrency.
The signing of the MoU is a significant development for the cryptocurrency industry in Kazakhstan. The country has been a major hub for cryptocurrency mining in recent years, and the signing of the MoU is a sign that the government is taking a more favorable stance towards the industry.
The MoU also provides a number of benefits for Binance. The company will be able to operate in Kazakhstan under a clear regulatory framework, and it will be able to access the country's large pool of skilled IT workers.
Left to right:
CZ, the CEO of Binance
President of Kazakhstan #Kassym-Jomart Tokayev
Minister of Information Technology Bagdat Mussin
The signing of the MoU is a positive development for both Binance and the government of Kazakhstan. It is a sign that the cryptocurrency industry is growing in Kazakhstan, and it is a step towards the adoption of blockchain technology in the country.
