The Kyrgyz president stated that Bereket Bank, a private bank serving virtual assets and digital currencies, was established on the recommendation of CZ.
Kyrgyz President Sadyr Japarov stated that the newly established "Bereket Bank" was suggested by Binance founder Changpeng Zhao and is a private banking project primarily serving virtual assets and digital currencies. Japarov emphasized that the state will not be involved, and that former parliament speaker Marat Sultanov was invited to oversee the organization. His son, Nurdoolot Nurgazoev, will serve as one of the founders and gain practical experience. The bank aims to attract substantial overseas funding, and other shareholders may be added later. He stressed its separation from government operations and the absence of public funding. The president reiterated that his family members will not participate in political or public office elections.