Kazakhstan court bars Coinbase, five others from unlicensed crypto services in Astana International Financial Centre
The court injunctions apply strictly to users within the AIFC and do not extend across the rest of Kazakhstan.
AI Summary
A court in Kazakhstan has prohibited Coinbase and five other cryptocurrency exchanges from providing unlicensed services within the Astana International Financial Centre (AIFC). The injunctions specifically target users in the AIFC and do not affect the broader region of Kazakhstan. The ruling mandates that these platforms, including BingX, Bitcoin.com, Huobi Global, BitMart, and WEEX, cannot market or offer digital asset services without authorization, while Apple and Google may face obligations regarding app distribution.