Kazakhstan Court Restricts Coinbase and Others from Crypto Services in AIFC

A court in Kazakhstan has issued injunctions barring Coinbase and five other crypto exchanges from providing unlicensed services within the Astana International Financial Centre (AIFC). The restrictions apply only to users in the AIFC and do not extend nationwide. The Astana Financial Services Authority (AFSA) stated that the injunctions cover platforms including BingX, Bitcoin.com, Huobi Global, BitMart, and WEEX. The court's decision follows a judgment that requires crypto firms to obtain licenses to operate in the AIFC. LBank was removed from the order after addressing AFSA's concerns.

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