The Ministry of Digital Development of Kazakhstan has concluded agreements with Yandex and Binance on the introduction of blockchain and digital services for the population
| Customers: Ministry of Digital Development, Innovation and Aerospace Industry of Kazakhstan
Contractors: Yandex Kazakhstan, Binance Project date: 2025/10
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On October 2, 2025, the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan announced the signing of a memorandum of understanding with Yandex Qazaqstan and Binance cryptocurrency exchange. The agreement is aimed at the development and implementation of blockchain solutions and digital financial services in the country.
As noted, the signing of the memorandum is an important step in the development of the digital ecosystem of Kazakhstan, which will open up new opportunities for the introduction of advanced technologies and cryptocurrency solutions, as well as for improving digital services. Cooperation will help strengthen the republic's position as one of the leaders of digital transformation in Central Asia.
The agreement encourages the creation of the necessary infrastructure for the use of digital assets in Kazakhstan. This will help integrate digital solutions into everyday services, including payment platforms. Particular attention is paid to supporting the digital economy and financial innovation, including the development of safe tools for citizens. Cooperation is expected to increase the level of financial literacy of the population.
 | The signing of the memorandum with Yandex Qazaqstan was an important step in the development of the national digital ecosystem and reflects our common strategy to promote the technological ecosystem and digital assets in Kazakhstan, says Nurhat Kushimov, General Manager of Binance Kazakhstan. |  |
The Ministry of Digital Development of Kazakhstan and Binance also signed a memorandum of cooperation with Freedom Bank Kazakhstan JSC. The parties intend to work together in the field of introducing blockchain technologies, digital currencies and improving financial services for citizens and businesses. It is emphasized that the agreement opens up new opportunities for integrating innovative solutions into the financial sector and the country's digital economy.[1]
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