Binance has obtained a “permanent license” to operate a digital asset platform and provide custody services at Kazakhstan’s Astana International Financial Center, the world’s largest cryptocurrency exchange announced in a blog post on Thursday.
See related article: Binance targets expansion in Philippines, Turkey, executive says
Fast facts
- The license gives Binance the status of a regulated platform in the Central Asian nation and authorizes it to offer digital asset trading services, deposit and withdrawal of fiat currencies and custody.
- The license comes after Binance received in-principal approval in August.
- “We are proud that Binance has taken yet another step on the path of being a compliance-focused exchange,” Gleb Kostarev, Binance’s Asia regional head, said in the blog post.
- Last week, Binance launched a local branch in New Zealand after becoming a registered financial service provider.
- Binance recently received regulatory approval to offer crypto-related services in France, Italy, Spain, Dubai, Abu Dhabi and Bahrain.
See related article: Binance taps ex-U.S. senator Max Baucus to chair global advisory board
- binance
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ethereum
- Forkast
- Kazakhstan
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- Regulation & Law
- W3
- zephyrnet