Binance, the world’s largest exchange, received a permanent operating license from the Kazakhstan Financial Services Authority (AFSA).
Binance 6 October Kazakhstan’s financial authority, in a post on its official website on from AFSA announced that it has obtained a permanent operating license. Under the license, Binance At the Astana International Financial Center It can operate a digital asset trading platform and serve as an asset custodian.
Having stated in May 2022 that it will assist Kazakhstan with the regulation of digital assets, Binance was released from AFSA in August. received his first provisional license. Binance has stated that by the end of the second quarter of 2022, it will develop its compliance team and increase its efforts to obtain licenses in more countries.
The Kazakhstan government, which is working for the adoption of the digital asset sector, is very against companies and stock markets in this regard. hospitable exhibits attitudes. President of Kazakhstan Kassym Genert Tokayev, Digital Bridge at the 2022 International Forum Announcing that he started to work on the legalization of a system where banks can interact more with the digital asset sector, he highlighted the country’s vision on the digital asset sector.