Binance announced that it has received in-principle approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to operate digital asset trading facilities and provide custody services at the Astana International Financial Center (AIFC).
Binance said AFSA’s move makes it the first regulator in Kazakhstan to approve a Binance entity in principle.
AFSA approval-in-principle still requires Binance to complete the full approval process, which is expected to be completed in due course.
Binance will then be able to serve as a digital asset trading facility operator and custody provider in the Astana International Financial Centre.