During a meeting of the Council of Heads of Financial Intelligence Units (SFIU) in Sochi, agency chairman Zhanat Elimanov noted that digital assets worth $1.2 million were frozen as part of investigative measures.
From the first to the third quarter of 2024, the activities of 5,500 online exchange services operating without a license were blocked in Kazakhstan, and 4,000 devices illegally connected to the national energy system for the extraction of cryptocurrencies were seized, the head of the department indicated.
According to him, AFM is working in three directions at once: illegal mining, illegal cryptocurrency exchange services and illegal transactions with digital assets.
Currently, several special units for cryptocurrencies have been created in Kazakhstan, the practice of seizing them during investigative actions has been introduced, 9 cases have been registered against “gray” miners and the accounts of 770 individuals related to the illegal trade in cryptocurrencies have been blocked, the official emphasized.
The meeting participants noted the growing risks of using digital assets for criminal purposes and agreed to join efforts in improving methods of countering new cyber threats.
Earlier, the AFM of the Republic of Kazakhstan reported that a mining farm was operating in the city of Astana under the guise of a car engine service center. 1,300 mining devices were seized from its creators.
Source: Bits
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