Binance Kazakhstan has received a full license to trade digital assets from AFSA
Author - Mansur Ismagulov
The Tech AI
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Binance Kazakhstan became the first digital platform to receive a full license for trading digital assets from the MFSA Committee. The license allows the company to manage the platform, act as a broker-dealer, and provide asset custody services. Kazakhstan became the first country in Central Asia to grant Binance such a license. The process included a financial audit, ISO certification, and internal audits, highlighting the platform's high security standards.
Binance Kazakhstan, part of the leading blockchain ecosystem Binance, has become the first digital platform to receive a full license for trading digital assets from the MFSA Committee for the Regulation of Financial Services.
This license allows Binance Kazakhstan to operate a digital asset platform, act as a broker-dealer, and provide digital asset custody services in the country. Kazakhstan has become the first country in Central Asia where Binance has obtained a regulator's license, highlighting a high standard of security.
The process of obtaining the DATF license involved a comprehensive review, including an external financial audit, ISO certification, and numerous internal and external audits. This achievement marks an important step in the company's pursuit of innovation and ensuring a secure platform for trading digital assets.
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