Binance Launches Blockchain Education Program in Kazakhstan – Binance, the world’s largest cryptocurrency exchange, is starting an education program in Kazakhstan. According to a press statement issued on Tuesday, the trading platform plans to deliver blockchain training to more than 40,000 students at universities and colleges across Central Asia by 2026.
Binance is collaborating on the initiative with the Blockchain Center research lab established by the National Bank of Kazakhstan’s (NBK) Center for the Development of Payment and Financial Technologies and the Astana International Financial Centre (AIFC), the Ministry of Digital Development, and the Ministry of Education.
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The project will be carried out in accordance with an agreement of collaboration signed by Zhaslan Madiyev, general manager of Binance Kazakhstan. The exchange will supply teaching materials and support for the fundamental course on blockchain and compliance, according to the agreement.
According to the news, Kazakhstan is now one of the first countries to include a blockchain curriculum in university educational programs. “Professionals with the knowledge of blockchain, digital assets and compliance will become a resource for the global blockchain industry,” the participants hope. Gleb Kostarev, Asia regional head at Binance, commented: “We support Kazakhstan’s goal to become a leading player in digital technologies which would not be possible without increasing education and blockchain adoption around the country.”
The initiative stems from a meeting of Binance founder and CEO Changpeng Zhao with President Kassym-Jomart Tokayev in May of this year. In October, Binance offered to support Kazakhstan’s government in the “safe development” of the country’s crypto sector. The NBK plans to use the Bnb Chain for the deployment of its digital tenge.
Binance was also approved to operate as a provider of crypto exchange and custody services out of the Astana financial hub in October. Kazakhstan has become a key mining hotspot after Chinese authorities pushed down on the business in 2021. Its government has attempted to control the cryptocurrency space.
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During the ongoing crypto winter, the global platform has been looking to grow its presence in the region and has spoken with officials in neighboring Kyrgyzstan. It also promised earlier this month to assist the government of Azerbaijan, another former Soviet republic, in its efforts to build a national regulatory framework for digital assets.
