Kazakhstan court orders curbs on Coinbase, BingX and four others

Kazakhstan court orders curbs on Coinbase, BingX and four others
Spread the love

Written by Robert Lakinstaff editorEdited by Yohan Yunstaff editor

Written by Robert Lakinstaff editor

Edited by Yohan Yunstaff editor

Kazakhstan court orders curbs on Coinbase, BingX and four others

Latest NewsPublishedOct 20, 2026

Nine other crypto platforms voluntarily restricted app access in Kazakhstan, prompting the regulator to withdraw its claims against them.

Kazakhstan court orders curbs on Coinbase, BingX and four others

Kazakhstan’s Astana International Financial Centre court (AIFC) has prohibited six platforms from offering digital-asset services without licenses in its jurisdiction and extended access restrictions to app stores.

The Astana Financial Services Authority (AFSA) stated Tuesday the court issued injunctions after the regulator sued operators of crypto platforms for offering digital-asset services without authorization.

The Sept. 15 order named BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase, LBank and WEEX; an amendment three days later removed LBank after its operator blocked access in Kazakhstan.

Google and Apple are also covered as app-store operators, with geographic restrictions on access to the remaining platforms, as reported by the announcement.

AFSA stated users of unlicensed platforms lack safeguards required of licensed firms, including asset protection, disclosure, complaints handling and dispute resolution. Kazakhstan’s National Bank oversees digital-asset service providers outside the AIFC.

Cointelegraph’s requests for comment from BingX, Coinbase and Huobi Global were not immediately answered.

“This court decision is the result of extensive and consistent efforts by AFSA’s Supervision and Enforcement teams to address the activities of unlicensed crypto platforms that were advertising without authorization and offering digital asset-related services in Kazakhstan without the required permission,” stated AFSA CEO Evgeniya Bogdanova.

AFSA stated it warned more than 20 platforms about AIFC rules in 2025. Nine voluntarily restricted app access in the Central Asian country and seven stated they intended to seek licenses. The authority withdrew its claims against the nine, while the injunctions will be enforced against the remaining six.

Cointelegraph previously reported the country’s Financial Monitoring Agency blocked access in 2023 to almost 1,000 crypto exchanges serving the country’s citizens without proper registration.

Magazine: Made an ‘honest’ mistake with crypto taxes? New bill offers way out

Subscribe

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

  • Kazakhstan
  • Cryptocurrency Exchange
  • Coinbase
  • Huobi
  • Asia
  • Regulation

More on the subject

Kazakhstan court orders curbs on Coinbase, BingX and four others

Crypto PAC pours $362K into California race voters essentially decided in August



15 hours ago

Turner Wright

Kazakhstan court orders curbs on Coinbase, BingX and four others

Market participants weigh in on SEC’s proposed crypto regulations



15 hours ago

Turner Wright

Kazakhstan court orders curbs on Coinbase, BingX and four others

Revolut secures Gibraltar crypto license to support global expansion



18 hours ago

Nate Kostar

Kazakhstan court orders curbs on Coinbase, BingX and four others

Crypto PAC pours $362K into California race voters essentially decided in August



15 hours ago

Turner Wright

Kazakhstan court orders curbs on Coinbase, BingX and four others

Market participants weigh in on SEC’s proposed crypto regulations



15 hours ago

Turner Wright

Kazakhstan court orders curbs on Coinbase, BingX and four others

Revolut secures Gibraltar crypto license to support global expansion



18 hours ago

Nate Kostar


About EcoPool Network: This blog is published by EcoPool Network, which operates a cloud-based mining app. Mining runs on remote servers instead of your phone, so there is no hardware heat or extra electricity cost on your side. Rewards vary with network conditions and are not guaranteed. Learn more or download the app.

This article references reporting from cointelegraph.com.


Spread the love

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these