The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
This year, Kazakhstan’s Financial Monitoring Agency (AFM) blocked access to almost a thousand crypto exchanges that were serving the country’s citizens without proper registration.
According to the press release from Dec. 7, published on the government’s website, the AFM denied access to 980 illegal platforms in 2023. It also launched nine investigations into “illegal exchange operations” and money laundering. This information was revealed by the chairman of the AFM, Ruslan Ostroumov, during the meeting of the Eurasian Group on Combating Money Laundering in China.
