Binance has received a permanent license to work in Kazakhstan

Binance has received a permanent license to work in Kazakhstan

On October 6, the Binance cryptocurrency exchange announced the receipt of a license for the management of digital assets platforms and the provision of castodial services on the basis Blockchain games of the Astana International Financial Center (MFCA).

The document issued by the IFCA Committee on Regulation of Financial Services provides the platform with the opportunity to offer services for the exchange and conversion, input and withdrawal of fiat currencies, storage of cryptocurrency assets and exchange trading.

Registration on the exchange is available to individuals and legal entities from any Why are the commissions countries.

In the future, the company intends to expand the range of services and services provided.

Earlier, Forklog reported that Binance signed a memorandum of understanding with the agency of the Republic of Kazakhstan for financial monitoring. The document prescribes the procedure for the interaction of the parties for the safe development of the virtual assets market in the country.

Recall that in August, Bitcoin-Birzha received a fundamental approval to obtain the status of the operator of the platform of digital assets and the supplier of castodial services in the IFC.

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