Kazakhstan Seizes $16.7M from Unlicensed Crypto Exchanges, Shuts Down 130 Platforms
October 8, 2025
Kazakhstan has shut down 130 illegal crypto exchanges and seized $16.7 million in virtual assets while uncovering 81 shadow cash-out groups with $43 million turnover as the country balances enforcement with innovation through its new Alem Crypto Fund backed by BNB.
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