Finance

Licensed crypto exchanges to open in Kazakhstan soon

Several crypto-exchanges are completing the preparations for the international financial center of "Astana." The authorities of Kazakhstan have already licensed 6 crypto companies that are going to cooperate with Kazakh banks. 3 of those companies were approved as early as March 2022.

Cooperation includes the establishment of relations with Kazakh banks on the integration of systems. As well as meeting minimum regulatory capital requirements, retail investor protection requirements, and cyber security requirements.