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Kazakhstan Tightens Crypto Rules After Seizing $16.7M From Unlicensed Exchanges

The country’s plans represent “one of the boldest experiments in tying physical identity to financial transparency,” Decrypt was told.

In brief
Kazakh authorities terminated operations at 130 unlicensed crypto platforms suspected of processing illicit funds, confiscating digital assets valued at $16.7 million.
Financial monitors identified 81 underground cash-out networks handling m… [2693 chars]

Source: Decrypt | Published: 2025-10-08T04:56:16Z

Credit: Decrypt

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