World-leading blockchain ecosystem and cryptocurrency infrastructure provider Binance has announced the launch of a local digital asset platform in Kazakhstan. This move follows Binance obtaining a license last October from the AIFC Financial Services Authority (AFSA) to manage a digital asset platform and provide custodial services within the Astana International Financial Centre (AIFC). Kazakhstan Step from Binance! This permanent license also bestows upon Binance the status of a regulated platform in Kazakhstan, demonstrating robust compliance and security controls. The new exchange will have the authority to provide exchange and conversion services, deposit and withdrawal of currencies, and custody and spot trading of crypto assets. The launch of the new platform was announced at a press event held on June 20, 2023, attended by government officials, representatives of the banking sector in Kazakhstan, and the leadership of Binance Kazakhstan. According to Asset Turysov, Deputy Minister of Digital Development, Innovation and Aerospace […]
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