TLDR
- Kazakhstan removes 1,100+ illegal crypto sites and boosts licensed market growth.
- Crackdown targets laundering networks as regulated exchanges gain momentum.
- Authorities expand AML tools while users shift to AIFC-licensed platforms.
- Major enforcement surge reshapes Kazakhstan’s path to becoming a crypto hub.
- Coordinated actions strengthen oversight and drive adoption of legal exchanges.
Kazakhstan intensified its enforcement actions as authorities blocked more than 1,100 unlicensed crypto platforms during 2025. The country expanded its oversight framework while redirecting activity toward licensed exchanges under its developing regulatory system. Moreover, officials strengthened monitoring tools as Kazakhstan pursued its goal of becoming a regional digital asset hub.
Illegal Platforms Removed Across the Country
Kazakhstan targeted illegal crypto operations as the Financial Monitoring Agency restricted access to a wide range of unauthorized platforms. The agency completed major enforcement actions that addressed criminal flows linked to unregulated digital asset activity. Officials dismantled networks that enabled large-scale laundering schemes operating across several financial channels.
Authorities concluded investigations into more than 1,000 cases and returned significant financial compensation to affected users. They also identified widespread misuse of bank cards recruited for laundering operations. Kazakhstan expanded coordination among agencies to reduce loopholes exploited by unlawful exchangers.
The AFM terminated activities of criminal groups and cash-out services that moved funds outside authorized banking channels. These operations processed substantial volumes of illegal transactions before enforcement measures halted them. Kazakhstan reinforced its anti-money laundering structure through broader sector cooperation.
Regulated Market Expands Under AIFC Framework
Kazakhstan advanced its regulated digital asset market as trading volumes rose on licensed platforms within the Astana International Financial Centre. Regulators continued issuing permits to crypto firms that met operational and compliance standards. Licensed exchanges recorded growing activity as users shifted from unapproved platforms.
The AIFC hosted dozens of approved entities that offered services under a structured legal framework. These firms operated with oversight intended to support controlled growth across the sector. Consequently, Kazakhstan balanced enforcement and market development to maintain stability.
Officials also supported broader reforms that aligned domestic rules with international standards. They strengthened reporting obligations to ensure clear tracking of asset flows. Kazakhstan aimed to improve transparency while preventing illegal transactions.
Background and Ongoing Enforcement Measures
Kazakhstan became a major center for crypto mining and trading after regional market shifts in recent years. The government responded with regulatory steps that clarified legal activities and targeted unlicensed operations. Coordinated enforcement actions addressed schemes that affected users across several neighboring countries.
Authorities also dismantled a significant laundering service operating across dark-web channels. This action followed earlier seizures involving fraudulent schemes that circulated digital assets across regional markets. Kazakhstan intensified its oversight against high-risk platforms.
The AFM continued monitoring the sector while financial institutions ended relationships with entities suspected of laundering. Payment providers flagged irregular flows and supported investigations. Subsequently, Kazakhstan reinforced its position as it pursued a structured digital asset environment.
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