There are two main opinions regarding the educational policy of a particular country: commitment to national educational uniqueness or adherence to the globalist mainstream in education, with the emphasis being put either on knowledge or on competencies. The modern competency-based approach, in contrast to its original versions (as a reaction to which the initiatives to protect the country’s educational autonomy and the movement for “bringing knowledge back in” to the curriculum have emerged), moves away from the divergence of such alternatives leaning towards their controlled convergence. In this article, we have tried to show that, thanks to hybridity, the competency-based approach has the opportunity to reconcile the need to comply with globalist demands and trends in education and the desire to preserve national educational identity and specificity, as well as to expose the falsity of the knowledge/competency dichotomy and overcome it. This allows to integrate it not only into the European, but also into the Asian educational space and ultimately makes it suitable for Russian (Eurasian) realities.