The Astana Financial Services Authority (AFSA) reported that Telegram founder Pavel Durov personally came to officially approve the launch of TON token trading in Kazakhstan.
“AFSA has made a decision following a comprehensive review, finding that Toncoin complies with AFSA’s regulatory standards. Investors can now trade Toncoin on AFSA-licensed platforms, benefiting from the robust regulatory framework and investor protection measures set out by the AIFC,” the financial centre said in a statement.
The financial regulator expects that the inclusion of Toncoin in the AIFC legal sandbox will attract a new wave of institutional and retail investors to Kazakhstan seeking safe and transparent options for trading digital assets.
Toncoin rate for the week
increased by 6.1%, to $7.59 with a capitalization of $18 billion. On June 15, TON updated its maximum, at the moment the price exceeded $8.17.
In early June, Pavel Durov announced the launch of a system for paying for digital goods and services with Telegram Stars tokens. In the official announcement, Durov said that Telegram users will be able to pay for digital goods and services in the social messenger ecosystem with the new Stars token.
Source: Bits
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