Kazakhstan is trying to turn its new first-category payment organisation licence into a regulated channel for crypto-linked regional settlement.Under a memorandum with the National Bank, Binance plans to create a local group company, apply for that licence and route part of its regional payments an…
- Binance plans to establish a local entity in Kazakhstan to serve as a regulated settlement hub for CIS and Eastern European clients.
- This initiative involves obtaining a first-category payment organisation licence, subject to approval by the National Bank of Kazakhstan.
- The move aligns with Kazakhstan's broader strategy to integrate digital assets, including stablecoins and tokenized RWAs, into its supervised financial infrastructure.
Topics: Jurisdictions, Blockchain usage, Integration with defi, Emerging hubs, Private enterprise ledgers, On chain treasury management
Tags: #binance #kazakhstan #cis #easterneurope #settlementhub #paymentorganisationlicence #nationalbank #stablecoins #tokenisation #digitalassets
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