Kazakhstan
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Kazakhstan closes the illegal cryptocurrency exchange 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…
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Bitfinex Securities opens a new office in Astana, Kazakhstan
On February 24, it was reported that Bitfinex Securities is a fully regulated exchange supported by Bitfinex, which can issue and trade tokenized securities, including stocks and bonds, and open an important new regional office in Astana, Kazakhstan. Interpretation of this information: Bitfinex Securities, a trusted financial exchange platform supported by Bitfinex, has made a significant move towards expanding its operations in Kazakhstan. The company launched its new regional office in Astana, Kazakhstan, as part of its plan to issue and trade tokenized securities, including bonds and stocks. Bitfinex is…
