Binance launches services in Kazakhstan amid troubles in the US and Europe

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/06/Binance-Kazakhstan.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p>Asset Turysov, Vice Minister of Digital Development, Innovation and Aerospace Industry of Kazakhstan, said:</p>
<blockquote><p>Over the past year, regulators in Kazakhstan have taken significant steps towards the development of the cryptocurrency industry. Binance has provided assistance to Kazakhstan in the development of a legislative framework and a general policy for the regulation of crypto assets, as well as in the implementation of various educational initiatives, including for government and law enforcement agencies and regulators.</p></blockquote>
<p>Binance is effectively collaborating with five regulatory entities within the country, including the AIFC Financial Services Authority (AFSA), the Ministry of Digital Development, Innovation and Aerospace Industry of Kazakhstan, the National Bank of the Republic of Kazakhstan, the Financial Market Regulation and Development Agency, and the Financial Monitoring Agency, to ensure smooth operations. Furthermore, the crypto exchange plans to expand the trading platform in the near future.</p>
<p>Zhaslan Madiyev, General Manager of Binance Kazakhstan, added:</p>
<blockquote><p>Thanks to constantly being in touch with Kazakhstan regulators, by the end of the year we plan to significantly expand the product line for users of the local cryptocurrency exchange, as well as to have no less than 100 digital assets approved and available on the platform.</p></blockquote>
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