Kazakhstan proposes stricter controls for bank transfers to foreign crypto exchanges: report
Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges.
The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s financial sector, is considering new measures that would require banks to deny transfers to overseas crypto exchanges that have not registered with the local financial center.
According to a Wednesday report from Russian state-led news outlet TASS, in addition to transfer limits to crypto exchanges, the regulator’s draft also proposes restricting transactions involving online casinos and forbidding operators from accepting payments from individuals…
