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Binance Secures Regulatory License in Kazakhstan for Crypto Trading
2.10.2024
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country...
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
28.9.2024
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing...
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Binance Kazakhstan Receives Formal Consent for Regulatory License
7.9.2024
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including...
Turkey Seeks to Join BRICS to Strengthen Global Influence
4.9.2024
Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity...
Kazakhstan pays for rail line to China using programmable CBDC
19.7.2024
The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses
China and Kazakhstan Sign CBDC Collaboration Agreement
13.7.2024
The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint...
Toncoin gains regulatory approval to trade in Kazakhstan
28.6.2024
The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA, and others
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...
Kazakhstan Financial Regulator Barred 980 Crypto Firms For Non-Registration
8.12.2023
Source: Iliya Mitskavets/Adobe The Financial Monitoring Agency (FMA) blocked 980 digital asset exchanges for offering trading services to users in Kazakhstan without the required regulatory nod. In a Dec 7 press release, the financial regulator revealed that it barred almost 1,000 crypto trading...
CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase
16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...
Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard
15.11.2023
Source: Iliya Mitskavets/Adobe Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth. According to a local news outlet report on November 15, Binur Zhalenov, CEO of...
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
15.11.2023
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025
Kazakhstan officially launches digital tenge
15.11.2023
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency
Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines
14.11.2023
Nations and authorities advance crypto regulations across taxation, stablecoins, geo-blocking, and compliance this week. Image by motortion, Adobe Stock. Last week brought several noteworthy developments in the evolving crypto regulation scene across the globe. Major nations made efforts towards...
Kazakhstan Confirms Official Block of Coinbase Website Amid Ongoing Restrictions
7.11.2023
Source: Iliya Mitskavets/Adobe The Ministry of Culture and Information of the Republic of Kazakhstan has officially confirmed that it blocked access to the Coinbase website in the country, citing violations of the country’s new digital assets law. According to a report from November 7 by...
Coinbase Website Blocked in Kazakhstan Amidst Crypto Securities Law Enforcement
7.11.2023
Regional reports from Kazakhstan indicate that Coinbase, one of the largest crypto exchanges globally, has been blocked as it reportedly “violates paragraph 5 of Article 11 of the Digital Assets Law of the Republic of Kazakhstan.” Essentially, the clause is a policy on the issuance and sale...
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
7.11.2023
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
7.11.2023
The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and the crypto exchange operation without a national license, according to reports