Binance close to being given green light to operate in Kazakhstan

Published by
City AM

By Darren Parkin Binance has been handed preliminary approval to operate as a cryptocurrency exchange in Kazakhstan. The company received ‘In-Principle Approval’ from the Astana Financial Services Authority (AFSA) to operate a Digital Asset Trading Facility and Provide Custody in the Astana International Financial Centre (AIFC). The move from the AFSA makes it the first regulator in Kazakhstan to grant an in-principle approval to a Binance entity. The agreement still requires Binance to complete the full application process, which is expected to be completed in due course. Then Binance will be...

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