Cryptocurrency News
Binance obtains in-principle approval to operate in Kazakhstan
2022.08.17 05:02
Binance obtains in-principle approval to operate in Kazakhstan
The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate in the country.
In a Monday announcement, AFSA said it had granted in-principle approval toward Binance operating as a digital asset trading facility and providing custody services in the Astana International Financial Centre, a financial hub in the capital city of Nur-Sultan. In a Monday blog post, Binance said it was required to complete the application process for approval, which the crypto exchange expected to do “in due course.”
