Kazakhstan's financial regulator blocked 980 unregistered cryptocurrency exchanges in 2023, including Coinbase, and launched 9 investigations into money laundering. Currently approved to operate in the country are Binance, Bybit, CaspianEx, Biteeu, ATAIX, and Upbit. The crackdown reflects Kazakhstan's firm stance against unlicensed crypto exchanges, with a focus on combating money laundering and illegal exchange operations.
NEW: Kazakhstan 🇰🇿 blocked access to Coinbase and 979 other unlicensed crypto exchanges in 2023, in addition to launching 9 investigations into money laundering and “illegal exchange operations.” https://t.co/6zLg9SbXqk
The largest crypto exchange CEO is arrested, charged and pleads guilty to money laundering and violating the BSA, now awaiting sentencing and facing decades in prison, on top of a $4.3 billion dollar fine that can only be paid with more market manipulation and fraud… Tether… https://t.co/KfYFLBOEwo
Coinbase faces a money laundering investigation in Kazakhstan as the country expands its crypto industry crackdown https://t.co/07i2krVSqJ
Kazakhstan takes a firm stance against unlicensed crypto exchanges, blocking 980 platforms this year. https://t.co/d3yAYurOhg
Kazakhstan Blocked Access to Hundreds of Cryptocurrency Exchanges This Year https://t.co/n6OWGWW6RA
Kazakhstan’s financial regulator blocked 980 unregistered cryptocurrency exchanges in 2023, including Coinbase, and also launched 9 investigations into money laundering. Currently approved to operate in the country are Binance, Bybit, CaspianEx, Biteeu, ATAIX, Upbit, etc.…