The National Bank of the Kyrgyz Republic (NBKR) and blockchain security firm CertiK have signed a Memorandum of Understanding (MoU) to establish a long-term strategic partnership focused on Digital Som security and digital asset oversight.
Signed in Bishkek, the agreement establishes a framework for cooperation between the central bank and CertiK in areas including blockchain security, formal verification, cybersecurity, and operational resilience. The partnership aims to facilitate the exchange of experience and expertise in anti-money laundering and countering the financing of terrorism (AML/CFT), as well as the monitoring of digital asset transactions.
Under the terms of the MoU, CertiK will provide technical and strategic support covering security assessments, digital asset custody, security standards, and licensing requirements. The parties will also explore deploying CertiK's Supervision and Compliance solutions to aid regulatory oversight and risk monitoring, alongside technical training and knowledge transfer.
Sanzhar Abdygaziev, a member of the NBKR Management Board, highlighted the value of exchanging expertise in digital asset security and cybersecurity. Ronghui Gu, Co-founder and CEO of CertiK, emphasized the importance of integrating security and risk management from the initial stages of digital asset infrastructure design.
The NBKR, as Kyrgyzstan's central bank, manages monetary policy and is advancing financial innovation through its Digital Som central bank digital currency (CBDC) initiative. CertiK, founded in 2017, provides security and risk management services globally, having previously engaged in technical advisory and regulatory consultation roles with authorities such as regulators in the United States and the Monetary Authority of Singapore.
