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Tag: Kazakhstan

Kazakhstan liquidated 36 crypto exchanges with $100 million turnover and takes $4.8 million USDT

Kazakhstan liquidated 36 crypto exchanges with $100 million turnover and takes $4.8 million USDT

Daily Crypto News
Kazakhstan liquidated 36 crypto exchanges with $100 million turnover and takes $4.8 million USDT Oluwapelumi Adejumo · 10 hours ago · 2 minutes checked out Kazakhstan's stringent guidelines and worldwide collaborations intend to get rid of prohibited crypto activities and boost AML compliance. 2 minutes checked outUpgraded: Jan. 8, 2025 at 3:09 pm UTC Cover art/illustration through CryptoSlate. Image consists of combined material which might consist of AI-generated material.Kazakhstan heightened its crackdown on unlawful crypto exchanges in 2024, targeting platforms connected to cash laundering activities.According to a press declaration, the Asian nation's Financial Monitoring Agency (AFM) revealed that it liquidated 36 unapproved exchanges with a combined turnover of more than $1...