Binance Kazakhstan has obtained a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA).
The license authorizes Binance Kazakhstan to operate a digital assets trading facility, act as a broker-dealer, and provide custody services for digital assets.
Kazakhstan has become the first country in Central Asia where a Binance entity has secured a regulatory license, highlighting the nation’s forward-looking approach to financial innovation and Binance’s sustained commitment to operating at the highest standards of trust and security in line with all applicable local regulations.
For Binance Kazakhstan, obtaining the full DATF license meant undergoing a rigorous and comprehensive review, including an External Financial Audit, ISO certifications, and multiple internal and external audits to ensure full compliance with all applicable regulatory requirements.
The multi-stage review by the regulator saw Binance Kazakhstan being assessed against the standards set out in a variety of specialized codes and rulebooks: the AIFC Digital Asset Activities, Conduct of Business Rules, AML laws, and other relevant regulations. The resulting approval underscores the fit of Binance Kazakhstan’s robust systems, controls, and cybersecurity protocols for the task of providing a secure, compliant platform for digital-asset trading.
