BAKU, Azerbaijan, November 2. The Innovation and Digital Development Agency under Azerbaijan's Ministry of Transport and Digital Development has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned Singapore Cooperation Enterprise (SCE) this week.
The MoU is set to pave the way for a win-win partnership in the digital transformation of small and medium enterprises (SMEs).
As part of the collaboration, the parties will exchange knowledge and develop skills in the area of digital government services, policies, and regulatory frameworks. The goal of the memorandum is to promote cooperation in the digitalization of SMEs and other sectors.
General Manager of Binance for the CIS and Eastern Europe Kirill Khomyakov told Trend that Binance is preparing to introduce new products in Azerbaijan next year that cater to the needs of local clients.
"We will persist in improving the user experience on our platform and introduce new products to satisfy the requirements of our clients in Azerbaijan and beyond. We want to implement educational programs to enhance cryptocurrency knowledge among the populace, which we feel will benefit both business development and the broader expansion of the cryptocurrency sector in the region," he added.