🇰🇿 Kazakhstan cracks down on 36 illegal crypto exchanges in 2024, down 96.3% from 2023! 💪

- The Kazakhstan Financial Supervision Agency has shut down 36 unlicensed exchanges, seizing assets worth 2.5 billion tenge.

- These exchanges are accused of facilitating money laundering and suspicious transactions.

- However, Binance, Bybit and other licensed exchanges are still operating normally.

💡 Kazakhstan is developing a central bank digital currency (CBDC) expected to launch in 2025, in partnership with Visa, Mastercard.

What do you think about this move? Share your thoughts! 👇