Binance, the world's largest cryptocurrency exchange, has been sued by the US regulator SEC for violating securities laws.
Although Binance has problems in the US, it continues to expand in other countries.
In this context, Binance, which received a perpetual license from Kazakhstan's AIFC Financial Services Authority (AFSA) last year, has now announced that it has launched a local digital asset platform in the country.
Binance made the following statements in its statement:
"Binance, which received a perpetual license from Kazakhstan's AIFC Financial Services Authority (AFSA) in 2022, is now launching a native digital asset platform in the country.
The new platform will provide Kazakhstani users with clearing and conversion services, fiat deposits and withdrawals, and custody of crypto assets.
The range of trading on the platform will expand going forward. In this context, Binance Kazakhstan plans to have at least 100 digital assets validated and made available on the platform, as well as significantly expanding its product range by the end of the year.”
"Binance continues to contribute to advancing the country's crypto industry and developing a robust regulatory framework for digital assets," said Zhaslan Madiyev, Managing Director of Binance Kazakhstan. said.
#Binance launches a regulated platform in Kazakhstan.
This local platform will be authorized to offer exchange and conversion services, deposit and withdrawal of fiat currencies, custody of crypto assets, and exchange trading.
— Binance (@binance) June 21, 2023
