Kazakhstan blocked access to the website of cryptocurrency exchange Coinbase due to not receiving the necessary license.
Coinbase has not been accessible from Kazakhstan for about 2 months. local news organization Kursiv’s According to the news dated November 7 Ministry of Culture and Information of Kazakhstan Coinbase’s official website nationwide access disability He confirmed that he was brought. The access blocking process for Coinbase is at least since september continues.
Although access to Coinbase’s website came in accordance with the order of the Ministry of Culture and Information, the real request was to force Coinbase to comply with the Digital Assets Law. breach by doing accusing From the Ministry of Digital Development came.
On the other hand, the access ban was not limited to Coinbase and another US-based cryptocurrency exchange. to Kraken A similar tariff was applied.
in Kazakhstan in February 2023 entered into force Digital Assets Law, prohibits providing cryptocurrency services without a national license. This approval is a special economic zone of Kazakhstan. Astana International Financial Center (AIFC) given by the authority.
Until now Binance including Bybit, CaspianEx, Biteeu, ATAIX, upbit And Xignal&MT It was one of the crypto money organizations that received the AIFC license.