🚨 Crypto Alert! 🚨
Kazakhstan has blocked over 3,500 illegal crypto exchanges, citing money laundering concerns. The AFM RK, in collaboration with national agencies, liquidated 36 platforms with a turnover of $112.84M and seized 4.8M USDT. The crackdown also dismantled two pyramid schemes, recovering 545,000 USDT.
🔍 New regulations aim to hold digital asset providers accountable. Despite a strict regulatory environment, crypto giants like Binance and Bybit are making moves in Kazakhstan.
What are your thoughts on this crackdown? Share below! 👇