Binance’s CZ Leads the Charge in Kyrgyzstan’s Web3 Transformation

In a groundbreaking move, Binance’s Changpeng Zhao has inked a deal with Kyrgyzstan’s National Investment Agency to pave the way for the country’s transition into the Web3 era.

CZ Partners with Kyrgyzstan for Blockchain Integration and Crypto Regulation

Changpeng Zhao, the former CEO of Binance [BNB], has partnered with Kyrgyzstan’s National Investment Agency (NIA) to support the country’s Web3 transformation. Through a newly signed MoU, Zhao will provide strategic guidance on blockchain adoption and crypto regulations, integrating digital assets into Kyrgyzstan’s economic framework. Kyrgyzstan is leveraging hydropower and tech innovation to drive sustainable Web3 growth, making it a potential ’El Salvador 2.0’.

Binance Sees Over 50% of Returning Users Deposit Again Within 16 Days

Binance reveals that more than half of their returning users deposit cryptocurrencies again within 16 days after their first transaction. The shared data analysis displays the platform’s robust user maintenance rate, as it operates primarily as a trading marketplace instead of serving as a crypto asset storage system. Some interesting findings include nearly 10% of users returning on Day 1, showing immediate trading interest, one-third reloading by Day 7, and over 50% making a second deposit by Day 16.