{"id":89580,"date":"2025-10-03T19:11:36","date_gmt":"2025-10-03T16:11:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89580"},"modified":"2025-10-03T19:15:15","modified_gmt":"2025-10-03T16:15:15","slug":"cz-meets-kazakhstans-president-and-announces-kztx-stablecoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cz-meets-kazakhstans-president-and-announces-kztx-stablecoin\/","title":{"rendered":"CZ Meets Kazakhstan&#8217;s President and Announces KZTx Stablecoin"},"content":{"rendered":"<p>The founder of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-binance\">Binance<\/a>, Changpeng Zhao (CZ), visited Kazakhstan and held talks with the head of state, Kassym-Jomart Tokayev, <a href=\"https:\/\/www.akorda.kz\/ru\/glava-gosudarstva-provel-vstrechu-s-osnovatelem-binance-chanpen-chzhao-293423\">reports<\/a> the president&#8217;s press service.<\/p>\n<p>The meeting took place on October 2 as part of the Digital Bridge 2025 forum. Key topics included the development of the crypto industry, <a href=\"https:\/\/forklog.com\/en\/news\/binance-kazakhstan-secures-full-license-for-operations\">licensing<\/a> of Binance, and the inclusion of BNB in state reserves.<\/p>\n<p>During the event, the launch of a new <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a>, KZTx, was also announced, though details were not disclosed. In September, Kazakhstan had already <a href=\"https:\/\/forklog.com\/en\/news\/kazakhstan-to-launch-stablecoin-on-solana-blockchain\">announced<\/a> Evo, a &#8220;stable coin&#8221; on the Solana blockchain.<\/p>\n<p>In a post on platform X, Zhao noted significant changes in the country over the past three years.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">New photo, from today. Honored to meet with President Kassym-Jomart Tokayev again 3 year laters. Lots of progress in Astana, Kazakhstan\ud83c\uddf0\ud83c\uddff<\/p>\n<p>Binance Licensed<br \/>Stablecoin KZTx stablecoin<br \/>Crypto Reserve includes <a href=\"https:\/\/twitter.com\/hashtag\/BNB?src=hash&#038;ref_src=twsrc%5Etfw\">#BNB<\/a><br \/>And much more\u2026<\/p>\n<p>Great city name, too.\ud83d\ude06 <a href=\"https:\/\/t.co\/SdlFqtF8ZK\">https:\/\/t.co\/SdlFqtF8ZK<\/a> <a href=\"https:\/\/t.co\/sHHVo7k9XW\">pic.twitter.com\/sHHVo7k9XW<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1973735848987488543?ref_src=twsrc%5Etfw\">October 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">BNB in Reserves<\/h2>\n<p>The Alem Crypto Fund, created by the Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, has added the BNB token to its portfolio as a long-term investment.<\/p>\n<p>Following the news, the coin&#8217;s market capitalization significantly <a href=\"https:\/\/forklog.com\/en\/news\/bnb-reaches-new-all-time-high-at-1111\">increased<\/a>, and its price reached a new high. The Binance founder expressed satisfaction with the partnership, while Tokayev acknowledged his personal contribution to the development of fintech in the country.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cChangpeng Zhao has played an important role in the development of the crypto industry worldwide and fintech in Kazakhstan. Our initiatives, including the regional crypto hub, accelerate the digitalization of the economy,\u201d said the president.<\/p>\n<\/blockquote>\n<p>Back in September, CZ <a href=\"https:\/\/forklog.com\/en\/news\/aster-surpasses-tether-and-circle-in-fee-volume\">acknowledged<\/a> Binance&#8217;s involvement in launching the decentralized platform Aster.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The founder of Binance, Changpeng Zhao (CZ), visited Kazakhstan and held talks with Kassym-Jomart Tokayev.<\/p>\n","protected":false},"author":1,"featured_media":89581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"CZ visited Kazakhstan and met with President Tokayev, announcing the KZTx stablecoin.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,935,153],"class_list":["post-89580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-changpeng-zhao","tag-kazakhstan"],"aioseo_notices":[],"amp_enabled":true,"views":"197","promo_type":"1","layout_type":"1","short_excerpt":"CZ visited Kazakhstan and met with President Tokayev, announcing the KZTx stablecoin.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89580"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89580\/revisions"}],"predecessor-version":[{"id":89582,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89580\/revisions\/89582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89581"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}