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Binance receives in-principal approval to operate in Kazakhstan

Nur-Sultan, the capital city of Kazakhstan.

Nur-Sultan, the capital city of Kazakhstan. Image: Envato Elements

The world’s largest cryptocurrency exchange, Binance, has received in-principal approval to operate a digital asset trading facility and provide custody services in Kazakhstan from the Astana Financial Services Authority (AFSA), the company announced on Monday.

See related article: Crypto mining’s Great Migration continues — out of Kazakhstan

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See related article: Singapore-based Bitcoin miner scales back Kazakhstan project

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