According to Wu, Kazakhstan’s anti-money laundering agency said it had blocked a total of $75.4 million in illegal crypto transactions and confirmed 18 criminal cases related to illegal crypto trading and mining.
In 2024, Kazakh courts have issued six judgments in such cases and confiscated assets with a total value of US$2.51 million.
In addition, the country also strictly regulates crypto exchanges and mining activities. Crypto exchanges that have not obtained official licenses and mining equipment that have not completed the licensing procedures will face legal sanctions.
