Kazakhstan blocks 1,100 unlicensed crypto exchanges in crackdown
Kazakhstan blocked access to over 1,100 unlicensed crypto platforms as it tightens enforcement, steering activity toward licensed exchanges to support its hub ambitions.
Summary
- Financial authorities in Kazakhstan have blocked more than 1,100 online platforms offering crypto exchange services over the past year.
- The move fits a broader framework that freezes funds, shuts illegal OTC desks, and channels trading into licensed venues inside the Astana financial center.
- Officials say the goal is to curb money laundering and consumer risk while building a regulated digital asset hub and exploring a national crypto reserve.
Financial authorities in Kazakhstan have…
