Binance Kazakhstan cryptocurrency exchange received full license DATF from the Astana Financial Services Agency. The corresponding post was published by the company’s CEO, Richard Teng.
Excited to share that #Binance Kazakhstan has become the first digital asset platform to obtain a full DATF license! 🇰🇿
Very thankful for Kazakhstan’s forward-looking approach to financial innovation.
Great milestone for crypto. To more innovation! 🚀https://t.co/4BDLinAM8a
— Richard Teng (@_RichardTeng) September 30, 2024
The license allows Binance Kazakhstan to operate a cryptocurrency trading and exchange platform, as well as offer broker and custodian services.
The verification process for obtaining a DATF license took place in several stages: external financial audit, certification according to the standard ISO and compliance with numerous regulations.
The decision to issue a full license was subject to regulatory approval.
Kazakhstan became the first country in Central Asia where Binance received a license.
In May, Binance Kazakhstan received international ISO certificates in the field of information security and confidential information management.
Earlier, the exchange and the national postal operator Kazpost signed a memorandum of understanding. The parties expressed mutual interest in the implementation of innovative financial services in Kazakhstan.
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Source: Cryptocurrency
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