Kazakhstan’s AIFC Financial Services Authority has reportedly granted Binance a permanent license to manage a digital asset platform and offer custody services at the Astana International Financial Center. This decision comes after the parties have signed a series of memorandums of understanding and “in-principle” approval has been granted by the authority. Gleb Kostarev, the Asia regional head at Binance, said that the approval to operate in Kazakhstan is another step for Binance to become a compliance-focused exchange.

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