Binance launches local crypto exchange in Kazakhstan

Binance has launched a local digital asset platform in Kazakhstan, where transactions with cryptocurrencies are available, Report informs, citing the company.

The platform will operate on the basis of a license from the Astana International Financial Center (AIFC) Committee for Financial Services Regulation (AFSA).

The platform will be able to offer services for exchanging and converting cryptocurrencies, depositing and withdrawing fiat currencies (a currency whose value is backed by the government that issues it), storing crypto assets, and trading in cryptocurrencies. the company said.