EddieJayonCrypto

 1 Oct 24

tl;dr

Binance Kazakhstan has obtained a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA). This license allows the exchange to operate as a trading facility for digital assets, a broker-dealer, and provide custody services in Kazakhstan. The approval fo...

Binance Kazakhstan has obtained a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA). This license allows the exchange to operate as a trading facility for digital assets, a broker-dealer, and provide custody services in Kazakhstan. The approval follows rigorous audits and ISO certifications to ensure compliance with regulatory standards. Binance plans to introduce the Ethereum restaking protocol token, EigenLayer (EIGEN), and sees Kazakhstan as an ideal location for digital assets trading due to its strong legal framework. The platform's successful compliance with regulatory frameworks positions it as a premier digital asset platform in the region.


Binance Kazakhstan secures full DATF license from AFSA, enabling it to offer trading, broker-dealer, and custody services for digital assets. This marks a key regulatory milestone, as Binance Kazakhstan becomes the first digital-asset platform in the region to secure such a license. The approval from AFSA allows the exchange to set up a digital asset trading platform in the country and in line with the AIFC regulations. The platform's successful compliance with regulatory frameworks positions it as a premier digital asset platform in the region.


Crypto and blockchain have become very popular in Kazakhstan, making it one of the most important players in the region of Central Asia. Due to the advancing regulatory environment, Binance and similar companies can freely operate in the country and abide by all the requirements. The successful completion of this review process further cements the exchange’s status as a premier digital asset platform, proving its compliance with stringent regulatory frameworks. Binance Founder Changpeng Zhao pledges to continue the development of innovation and social change.

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