The Central Bank of Azerbaijan and Binance discussed the development of a regulatory framework for cryptoassets. Local media reported the meeting on November 5, citing information from the regulator.

CBA Deputy Chairman Vusal Khalilov met a delegation led by Kirill Khomyakov, Binance's regional head for Central and Eastern Europe, the CIS and Africa.

The agenda included testing innovative crypto products under a special regulatory regime, real-world asset tokenization and international experience. The participants also considered possible areas of cooperation.

The announcement concerns discussions about future arrangements. It does not announce newly adopted rules, a Binance licence or the launch of a specific product resulting from the meeting.