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Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges. The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s…
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Kazakhstan’s financial authorities have frozen $1.2 million in crypto and shut down 19 illegal exchangers with a turnover exceeding $60 million. Kazakhstan has frozen $1.2 million in cryptocurrency and shut down 19 illegal over-the-counter platforms as part of a broader…
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Bybit has received formal consent from the Astana Financial Services Authority for full authorization in Kazakhstan. In a Sept. 6 press release, Bybit said it aims to tap into the growing crypto market in Kazakhstan and the broader Commonwealth of Independent…
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Binance has secured formal consent from the Astana Financial Services Authority to operate as a fully regulated trading platform in Kazakhstan. Crypto exchange Binance has moved a step closer to becoming the first fully regulated trading platform in Kazakhstan after…
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China and Kazakhstan have entered into a strategic partnership to collaborate on Central Bank Digital Currency (CBDC) research.
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Kazakhstan has banned major crypto exchange Coinbase over digital asset violations but quietly restored access to Interactive Brokers and NYMEX commodity trading
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Kazakhstan’s officials say American crypto exchange Coinbase is violating local laws. Cryptocurrency exchange Coinbase has been blocked in Kazakhstan as the country is trying to oblige all trading companies to comply with its local regulatory environment. According to a report…
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The National Bank of Kazakhstan (NBK) launched a new local agency that will be in charge of the CBDC development in the country. According to an official press release, the new agency will be called the National Payment Corporation. The…
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Major crypto exchange Binance continues to expand its services globally with the latest launch of a new digital asset platform in Kazakhstan.Â
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Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of crypto services.
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According to Kazakhstan's Central Bank, the in-house CBDC should be made available from 2023, with progressive functionality expansion and commercial operation introduction through the end of 2025.
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Lawmakers in Kazakhstan approve a new bill that requires miners to purchase electricity from the public grid only if there is a surplus and announce a ban on crypto transactions. Miners must buy electricity from the state The country’s Parliament,…
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Cryptocurrency exchange Binance has entered into a Memorandum of Understanding (MOU) with the Financial Monitoring Agency of the Republic of Kazakhstan. Kazakhstan will create a secure virtual asset market in the nation with the assistance of Binance. The platform will…
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Binance, the largest crypto exchange by trading volume, received in-principle approval from Kazakhstan regulators, enabling the exchange to offer cryptocurrency services in the country. In-Principle Approval From Kazakhstan’s AFSA Binance announced the receipt of the in-principle approval in a blog…
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Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wider discontent among the Kazakhstan populace over corruption,…
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The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data…
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