Binance, the world’s leading cryptocurrency exchange, has won another battle in its quest for global dominance.
The cryptocurrency exchange announced via a blog post on Monday, August 15th, that it had s received in-principle approval from the Astana Financial Services Authority (AFSA) to operate a digital asset trading facility and provide custody in the Astana International Financial Center (AIFC).
This latest development means that Kazakhstan is another country where Binance would be allowed to operate legally.
In-principle approval from AFSA still requires Binance to complete the full application process. After completing this step, Binance can operate a digital asset trading facility and provide digital asset custody on the AIFC’s platform.
While commenting on this latest development, Changpeng Zhao (CZ), founder and CEO of Binance, said;
“Kazakhstan has shown itself to be a pioneer in Central Asian crypto adoption and regulation. This further signifies Binance’s commitment to being a compliance-first exchange and providing products and services in a safe…
