Kazakhstan court bars Coinbase, five others from unlicensed crypto services in Astana International Financial Centre
The court injunctions apply strictly to users within the AIFC and do not extend across the rest of Kazakhstan.
AI summary
A court in Kazakhstan has barred Coinbase and five other crypto firms from offering unlicensed crypto services within the Astana International Financial Centre (AIFC). The injunctions apply only to users inside the AIFC and do not extend to the rest of Kazakhstan. The move signals tightening regulatory scrutiny of unlicensed exchanges in a jurisdiction courting crypto business, a modest negative for Coinbase's international expansion narrative.
Narrative history
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1H AGOYou’re reading thisKazakhstan court bars Coinbase, five others from unlicensed crypto services in Astana International Financial CentreCoinDesk · Score 45
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3H AGOCrypto Briefing · Score 55 · via Kazakhstan, unlicensed
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4H AGOCointelegraph · Score 55 · via Kazakhstan, Kazakhstan court
