Binance granted full Digital Asset Trading License in Kazakhstan

2024-10-1 22:52

Binance Kazakhstan has secured a full DATF license from AFSA for digital assets. The license allows trading, brokerage, and custody services in Central Asia. The crypto exchange underwent rigorous audits and ISO certifications to ensure compliance with regulatory standards.

In a significant regulatory development, Binance Kazakhstan has successfully obtained a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA).

This milestone enables the platform to offer a comprehensive range of services, including trading, broker-dealer activities, and custody of digital assets within the region.

Binance Kazakhstan a pioneer in Central Asia’s digital asset space

This achievement not only marks Binance Kazakhstan as a pioneer in Central Asia’s digital asset landscape but also reflects its commitment to meeting stringent regulatory standards.

The DATF license empowers Binance to establish a robust trading facility in Kazakhstan, aligning its operations with the regulatory framework set forth by the Astana International Financial Centre (AIFC).

To secure this license, Binance Kazakhstan underwent an extensive multi-stage review process. This included thorough external financial audits and ISO certifications, ensuring compliance with key regulatory codes, such as the AIFC Digital Asset Activities and Conduct of Business Rules, alongside strict anti-money laundering (AML) regulations. These measures are vital in establishing the trust and security needed for users engaging in trading and custody services.

Binance’s foray into Kazakhstan is indicative of the growing acceptance and regulatory advancements within the cryptocurrency sector, particularly in Central Asia.

By becoming the first digital asset platform in the region to obtain such a license, Binance Kazakhstan sets a benchmark for other platforms aspiring to operate under similar regulatory conditions.

Binance’s proactive approach highlights the importance of regulatory compliance in fostering a secure and reliable environment for cryptocurrency trading. The licensing milestone not only benefits Binance but also enhances the overall legitimacy of the digital asset industry in Kazakhstan and beyond.

The post Binance granted full Digital Asset Trading License in Kazakhstan appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Full Integrity Coin (FIC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 FIC

license binance kazakhstan trading full digital rigorous

license binance → Результатов: 126


Фото:

Binance расширила лицензию в Бахрейне

24 мая биткоин-биржа Binance получила от Центрального банка Бахрейна (CBB) лицензию поставщика услуг в сфере цифровых активов категории 4. We're excited to announce that #Binance has become the first exchange to be granted a category 4 license by the Central Bank of Bahrain.

2022-5-26 13:52


Binance.US получила лицензию в Пуэрто-Рико

Американское подразделение биткоин-биржи Binance получило лицензию провайдера денежных переводов от финансового регулятора Пуэрто-Рико. Excited to add another Money Transmitter License, as #PuertoRico marks our fourth in four months.

2022-4-20 12:53


Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year

Both Binance and Coinbase’s Singapore units are among 70 applicants for a license to provide cryptocurrency services in the country. According to the central bank Monetary Authority of Singapore’s (MAS) website, the number of firms operating with an exemption while their application is processed has now declined from 170 that last year applied for a […] The post Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year first appeared on BitcoinExchangeGuide.

2021-11-12 18:43


Регуляторы Таиланда подали иск против Binance

Комиссия по ценным бумагам и биржам Таиланда (SEC) заявила, что Binance работает в стране без лицензии. Регулятор подал иск о возбуждении уголовного дела. SEC files a criminal complaint against Binance for operating digital asset business without license https://t.

2021-7-3 14:34


Binance Applies for Singapore Crypto License Under The New Payment Services Act

Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country.

2020-2-17 20:06


Чанпэн Чжао: слухи о легализации бирж в Китае не соответствуют действительности

По словам главы биржи Binance Чанпэна Чжао, гуляющий по сети документ о якобы легализации бирж в КНР — вовсе не лицензия Народного банка Китая, а простое свидетельство о регистрации бизнеса. Let’s put this to bed.

2019-11-3 16:37