Binance Kazakhstan has entered into a partnership with Kazpost

The Binance Kazakhstan cryptocurrency exchange and the national postal operator Kazpost signed a memorandum of understanding. Representatives of the platform informed ForkLog about this. 

The parties expressed mutual interest in the implementation of innovative financial services in the republic.  

The main goal of the partnership is “to ensure accessibility and ease of use of digital assets, relevant tools, as well as to increase financial literacy and inclusiveness among the population of Kazakhstan”


“Kazpost is a significant infrastructure partner for participants in the fintech market, which means that new interesting online services and IT projects in different areas will soon appear in Kazakhstan,” noted managing director of the postal operator Assem Bolatzhan. 


The head of compliance and reporting of the Kazakhstan division of Binance, Asel Murzabekova, noted that as part of the cooperation, the parties will pay great attention to the “implementation and development of the crypto-fiat channel,” which will ensure an influx of new users.

Previously, Binance Kazakhstan received certificates from the International Organization for Standardization in the field of information security. 

Let us recall that in 2023, the exchange division, together with the local National Bank and the National Payment Corporation, released a test stablecoin based on the BNB Smart Chain, backed by the digital tenge. 

Read more about the local platform projects in ForkLog’s interview with its head Zhaslan Madiev. At the beginning of May 2024, he was appointed Minister of Digital Development of Kazakhstan.

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