🟡 Kazakhstan is taking cryptocurrency seriously — creating its own exchange provider!
— The authorities are launching a national licensed crypto provider that will operate across the country, not just in the «Astana» MFC.
— The goal is to replace unregulated foreign platforms and ensure transparency and security for users.
Why is this important for the crypto market? — Strengthening regulation may reduce risks for retail investors,
— but it may also limit access to DeFi and global platforms.
Historically, Kazakhstan actively regulates mining — now they have moved to exchanges. And yes, this is a step towards centralization.
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