Binance Doubles Down on Central Asia—Inks Kyrgyzstan Deal as CBDC Hype Grows
Binance just planted its flag in Kyrgyzstan—another strategic foothold in Central Asia’s crypto gold rush. The timing? Suspiciously convenient as the National Bank toys with a digital som.
Why it matters: While regulators dither over CBDC frameworks, CZ’s empire keeps expanding into emerging markets. Another masterclass in regulatory arbitrage—bank the unbanked, but make it decentralized.
The punchline: TradFi banks will spend $50M studying CBDCs. Binance just onboarded another government for free. Place your bets on who actually moves the needle.