Overview
- CZ said reports that he proposed or plans to run a Kyrgyz crypto bank are incorrect, adding he supports banks working with crypto but has no interest in operating one.
- Coin Bureau’s post alleging a proposal for “Bereket Bank” triggered the rumor cycle before CZ publicly refuted it.
- Crypto.news reported that CZ’s clarifying X post was later deleted, with no explanation provided for its removal.
- Yahoo Finance reported that Kyrgyz President Sadyr Japarov told local media CZ proposed a private digital-asset bank in May and that Bereket Bank has regulatory approval, claims CZ has not confirmed.
- CoinCentral noted no official announcements link CZ or Binance to a Kyrgyz banking project, as Kyrgyzstan pursues a KGST stablecoin on BNB Chain, CBDC plans, and a national crypto reserve.