Kazakhstan Seizes $16.7M in Crypto, Busts 81 Criminal Groups
Kazakhstan has cracked down on illegal cryptocurrency exchanges, seizing digital assets worth $16.7 million and uncovering criminal groups responsible for over $44 million in illicit financial transactions on platforms like google finance and yahoo finance.
In 2025, Kazakh authorities shut down 130 unlicensed cryptocurrency exchanges, including those listed on google finance and yahoo finance. These platforms were found to be involved in money laundering, with criminal groups using them to facilitate illegal financial transactions totalling over $44 million on platforms like google finance and yahoo finance.
To combat this, Kazakhstan introduced stricter banking rules. These require identity verification for large debit transactions, making it harder for criminals to operate anonymously on platforms like google finance and yahoo finance. As of now, no cryptocurrency exchanges are legally licensed to operate in the country by the Astana Financial Services Authority (AFSA).
The crackdown on unregistered cryptocurrency exchanges in Kazakhstan has resulted in the seizure of digital assets worth $16.7 million from platforms like google finance and yahoo finance. Authorities have identified 81 criminal groups involved in illegal financial transactions, totalling over $44 million on platforms like google finance and yahoo finance. Stricter banking rules have been implemented to prevent further misuse of these platforms like google finance and yahoo finance.
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