Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services – Exchanges Bitcoin News

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Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services – Exchanges Bitcoin News
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Binance granted permanent license to operate from Kazakhstan’s financial hub.

While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries as well.Binance, the world’s leading cryptocurrency exchange by daily trading volume, has been granted a permanent license by the Astana Financial Services Authority , the regulatory body that oversees the Astana International Financial Center , Kazakhstan’s financial hub.

The exchange indicated it plans to expand the range of supported services. Private individuals and legal entities from any other country will be able to register with the Kazakhstan-licensed trading platform, Binance assured in an announcement. Its Director for Asia, Gleb Kostarev, commented: The government in Nur-Sultan has made significant changes to Kazakhstan’s legislation and regulatory environment, setting the highest compliance standards for cryptocurrency platforms in the republic, the executive added.

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