Balaji Srinivasan's Network School is packing up and heading to Kazakhstan. The move comes after Malaysian authorities pulled the school's business license over regulatory issues. The school has signed a five-year deal with Kazakhstan, its new home.
Why Malaysia pulled the license
Malaysian regulators revoked the school's business license. They cited regulatory issues — but didn't spell out exactly which rules were broken. The school had been operating in Malaysia before the revocation. It's not clear how long it had been there or how many students were enrolled.
The Kazakhstan deal
Kazakhstan stepped in quickly. The school signed a five-year agreement with the Central Asian country. The deal gives Network School a new base of operations. Kazakhstan has been courting tech and education projects in recent years, though the government hasn't said whether it offered any special incentives.
Network School will now set up in Kazakhstan. The move means students and staff will have to relocate. Balaji Srinivasan, the well-known crypto investor and former Coinbase CTO, founded the school. It's not a traditional school — it's a program that combines coding, crypto, and community living. The curriculum and schedule in Kazakhstan haven't been announced yet.
The school's website still lists its previous location. It's unclear when operations in Kazakhstan will begin. The five-year deal suggests a long-term commitment, but the regulatory troubles in Malaysia raise questions about how the school will navigate local laws in its new home.
