BAKU, Azerbaijan, September 4. Kazakhstan and
Binance discussed the development of the digital economy and AI
infrastructure.
This was announced in a statement by the press service of the
Kazakh Government, following the meeting between Minister of
Artificial Intelligence and Digital Development Jaslan Madiev and
Binance founder Changpeng Zhao (CZ).
According to the information, in the course of the meeting, the
sides also discussed the introduction of advanced technologies and
prospects for expanding the country’s computing infrastructure.
During the visit, the delegation was presented with the
CryptoCity concept in Alatau City and the Data Center Valley
project, which is aimed at strengthening Kazakhstan’s position as a
regional AI hub.
The sides also discussed the development of digital financial
solutions. A presentation was held on the partnership between
Binance Pay and Alatau City Bank, while two memorandums were signed
- with Kazakhstan’s Ministry of Artificial Intelligence and Digital
Development and the Astana International Financial Centre
(AIFC).
"The signed agreements and the presented infrastructure projects
confirm Kazakhstan’s consistent transition from creating a
regulatory framework to the practical implementation of digital
financial solutions, training specialized personnel and
strengthening the country’s status as a leading technological
center in the region," the government’s press service said.
According to the Kazakh government, the meeting and the
agreements are part of Kazakhstan’s broader efforts to develop its
digital economy and AI infrastructure, while attracting
international technology partnerships and expanding the use of
digital financial instruments.
