NBKR and CertiK Establish Long-Term Strategic Partnership on Digital Som Security and Digital Asset Oversight

The National Bank of the Kyrgyz Republic (NBKR) and CertiK person signed a Memorandum of Understanding (MoU), establishing a semipermanent strategical concern to beforehand practice connected Digital Som information and integer plus oversight. The concern brings CertiK into a central-bank situation shaped by stringent security, compliance, and operational requirements, serving arsenic a exemplary for akin engagements with different highly regulated institutions.

Sanzhar Abdygaziev, Member of the NBKR Management Board (left), and Jason Jiang, Chief Business Officer of CertiK, astatine the MoU signing

“The Memorandum of Understanding that we are signing contiguous establishes a model for further dialog and cooperation,” said Mr. Sanzhar Abdygaziev, Member of the Board (Management Board) of the NBKR. “We spot peculiar worth successful exchanging acquisition and expertise successful blockchain and integer plus security, cybersecurity, AML/CFT, and the investigation and monitoring of integer plus transactions.”“Digital plus infrastructure requires information and hazard absorption to beryllium considered from the earliest stages of plan done ongoing operation,” said Ronghui Gu, Co-Founder and CEO of CertiK. “We look guardant to bringing CertiK’s expertise and acquisition to our semipermanent practice with the NBKR, supporting the unafraid improvement of the country’s integer plus ecosystem.”

Under the MoU, the parties mean to speech expertise and research practice successful areas including blockchain and integer plus security, information assessments, ceremonial verification, cybersecurity, and operational resilience. Drawing connected its acquisition successful integer plus information and hazard management, CertiK volition supply method and strategical enactment crossed these areas.

The concern volition besides widen to integer plus oversight and regulatory advisory support, covering areas specified arsenic AML/CFT, integer plus custody, information standards, and licensing requirements. The parties volition besides research the deployment of CertiK’s Supervision and Compliance solutions to fortify ongoing hazard monitoring and regulatory oversight, alongside grooming and cognition transportation successful applicable method and regulatory areas.

Beyond its enactment with the NBKR, CertiK has contributed to integer plus regulatory and argumentation discussions crossed aggregate markets. This includes providing method advisory enactment to regulators successful the United States and responding to regulatory consultations issued by the Monetary Authority of Singapore (MAS). Together, these engagements bespeak the increasing relation of method information expertise successful supporting regulated integer plus markets and infrastructure.

About National Bank of the Kyrgyz Republic (NBKR)

The National Bank of the Kyrgyz Republic (NBKR) is the country’s cardinal slope and the superior authorization liable for maintaining terms stability, safeguarding the stableness of the banking and outgo systems, and supporting the sustainable improvement of Kyrgyzstan’s fiscal sector. The NBKR regulates and supervises fiscal institutions, manages monetary argumentation and planetary reserves, and oversees the nationalist outgo infrastructure. It is besides advancing fiscal innovation done its Digital Som cardinal slope integer currency (CBDC) initiative, aimed astatine modernizing payments, expanding fiscal inclusion, and strengthening the resilience and ratio of the country’s fiscal ecosystem.

About CertiK

CertiK is the largest Web3 information services supplier and a trusted hazard absorption spouse for regulators, institutions, and Web3 innovators worldwide. Since 2017, CertiK has protected implicit $600 cardinal successful integer assets crossed 150+ countries and regions, portion providing full-lifecycle information and hazard absorption solutions for organization clients. Operating nether SOC 2 Type II and ISO 27001 standards, CertiK works intimately with regulators worldwide connected integer plus argumentation improvement and regulatory consultation.

Contact

Elisa Yiting Xu

CertiK

[email protected]

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