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News Explorer — Kazakh Authorities Crack Down on Unlicensed Crypto Platforms, Seize $16.7M in Crypto

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Oct 8, 4:56 am
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Kazakh Authorities Crack Down on Unlicensed Crypto Platforms, Seize $16.7M in Crypto

Kazakh financial authorities have shut down 130 unlicensed crypto platforms and seized $16.7 million in digital assets to combat money laundering. The country's Financial Monitoring Agency revealed the crackdown results, exposing clandestine networks converting crypto to cash and highlighting vulnerabilities in the financial system.

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