ABS Change

It is reported that according to the latest information shared by the Financial Supervisory Authority (FMA) of Kazakhstan, ABS Change is the platform for illegal trading of cryptocurrency in Kazakhstan, which has been confirmed and closed. Three Kazakh citizens were accused of operating the exchange, which has been operating without a license since 2021. During the raid on the capital of the country, law enforcement officers seized $342000 and 7 million tenge (about $16000) in cash. Interpretation of this information: The Financial Supervisory Authority (FMA) of Kazakhstan has reported that…