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Cz Denies Reports of a Proposed Private Crypto Bank in Kyrgyzstan

Key Insights CZ denies reports that he proposed the establishment of a private crypto bank in Kyrgyzstan. President Sadyr Japarov attributed the creation of Bereket Bank to CZ's suggestion. The Binance founder stated that he never proposed founding a bank himself. Binance founder Changpeng Zhao has publicly denied reports that he proposed the establishment of a private cryptocurrency bank in Kyrgyzstan. This directly contradicts statements made …
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Key Insights CZ denies reports that he proposed the establishment of a private crypto bank in Kyrgyzstan. President Sadyr Japarov attributed the creation of Bereket Bank to CZ's suggestion. The Binance founder stated that he never proposed founding a bank himself. Binance founder Changpeng Zhao has publicly denied reports that he proposed the establishment of a private cryptocurrency bank in Kyrgyzstan. This directly contradicts statements made …

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The Market Periodical broke the news in on Tuesday, November 4, 2025.
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