Binance Kazakhstan Receives Full Crypto License from AFSA
CryptoNewsTerminal Staff06 Sep, 2024
Binance Kazakhstan Receives Full Crypto License from AFSA
Binance Kazakhstan has been granted a full license to operate as a cryptocurrency exchange in the country. The license was issued by the Astana Financial Services Authority (AFSA). This is a significant development for Binance, as it allows the company to offer its services to customers in Kazakhstan in a fully regulated environment. The AFSA is the financial regulatory authority in Kazakhstan. It is responsible for overseeing the country's financial markets and ensuring that they operate in a fair and transparent manner. The AFSA's decision to grant Binance a license is a testament to the company's commitment to compliance and its strong track record of operating in other jurisdictions. Binance is one of the world's leading cryptocurrency exchanges. It offers a wide range of services, including spot trading, margin trading, and derivatives trading. Binance also has a strong presence in the decentralized finance (DeFi) space. The launch of Binance Kazakhstan is a major step in the company's global expansion plans. Binance is already present in over 100 countries around the world. The company's goal is to make cryptocurrency accessible to everyone, regardless of where they live.
