馃殌 Binance Secures Regulatory Nod in Kazakhstan! 馃殌
Binance has received formal consent from the Astana Financial Services Authority to operate as a fully regulated trading platform in Kazakhstan. This positions Binance Kazakhstan as potentially the first fully licensed crypto exchange in the region.
Key Points:
- Binance passed external financial audits and secured ISO certifications.
- Once fully licensed, it can operate a virtual assets trading facility, handle principal investments, and offer custody services.
- Kazakhstan is an attractive market post-China's 2021 crypto crackdown.
- In contrast, Coinbase was blocked in December 2023 for violating local digital asset laws.
馃挰 What do you think about Binance's expansion? Share your thoughts below!