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Binance Launches Blockchain Education Program in Kazakhstan – Blockchain Bitcoin News
Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the authorities, the blockchain course will be added to the curricula of higher education institutions across the country.
Binance Exchange to help teach Blockchain in Kazakhstan’s universities
The world’s largest crypto exchange, Binance, is launching an educational program in Kazakhstan. The trading platform is preparing to provide blockchain training to more than 40,000 students by 2026 at universities and colleges across the Central Asian nation, according to a press release published on Tuesday.
Binance collaborates on the initiative of the Blockchain Center research laboratory established by the Center for the Development of Payment and Financial Technologies of the National Bank of Kazakhstan (NBK) and the Astana International Financial Center (AIFC), the Ministry of Digital Development, and the Ministry of Education.
The project will be realized under a cooperation agreement with these state organizations signed by Zhaslan Madiyev, general manager of Binance Kazakhstan. According to the agreement, the exchange will provide teaching material and support for the basic course on blockchain and compliance.
Kazakhstan will now become one of the first countries to add a blockchain curriculum to the educational programs of universities, the announcement noted. “Professionals with knowledge of blockchain, digital assets and compliance will become an asset to the global blockchain industry,” the participants hope. Gleb Kostarev, Regional Head of Asia at Binance, commented:
We support Kazakhstan’s goal of becoming a leading player in digital technologies that would not be possible without increased education and blockchain adoption around the country.
Global Cryptocurrency Exchange seeks expansion in Central Asia
The initiative stems from a meeting between Binance founder and CEO Changpeng Zhao with President Kassym-Jomart Tokayev in May this year. In October, Binance offered to support Kazakhstan’s government in the “safe development” of the country’s crypto sector. NBK plans to use the Bnb chain for distribution of its digital tenge.
Also in October, Binance received a license to operate as a provider of crypto exchange and custody services from Astana’s financial hub. The focus on Kazakhstan comes after it became a major mining operation since Chinese authorities cracked down on the industry in 2021. The government has tried to regulate the crypto space.
The global platform has sought to expand its presence in the region amid the ongoing crypto winter and held meetings with officials in neighboring Kyrgyzstan as well. Earlier this month, it also offered to support the government of Azerbaijan, another former Soviet republic, in its efforts to establish a national regulatory framework for digital assets.
Do you think blockchain education programs will help crypto adoption in Central Asia? Share your thoughts on the topic in the comments section below.
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