From TokenPost · · 40s
AIFC Court Blocks Six Crypto Platforms
AIFC court injunctions target six crypto platforms over compliance costs.
In brief
AIFC court injunctions target six crypto platforms over compliance costs. The Astana International Financial Centre court ordered six crypto platforms to stop operations within its jurisdiction due to regulatory compliance costs. Originally reported by TokenPost.
Court Injunctions
The Astana International Financial Centre court said licensed crypto firms face costs for financial-crime controls, customer checks and regulatory oversight.
Platforms Affected
The Sept. 15 judgment bars operators of Coinbase, BingX, Bitcoin.com, Huobi Global (HTX), BitMart and WEEX from providing digital-asset services without authorization inside the center.
Geographic Scope
The restrictions apply within the AIFC and to users located there, rather than throughout Kazakhstan.
What to remember
The Astana International Financial Centre court ordered six crypto platforms to stop operations within its jurisdiction due to regulatory compliance costs.
