Exploring the public blockchain

Why Is CZ So Fond of Kyrgyzstan? A Quick Look at the Country’s Crypto Asset Taxation and Regulatory System

1. IntroductionSince early April, when the National Investment Agency of Kyrgyzstan signed a memorandum of understanding with Binance co-founder Changpeng Zhao (CZ) to collaborate on crypto assets and blockchain technology, the Kyrgyz government and CZ have maintained frequent interactions. On May 5, CZ posted a photo on social media showcasing a local license plate reading "888BNB" and praised the country. Around the same time, the President of Kyrgyzstan announced a meeting with CZ on Twitt...