Kazakhstan liquidated 36 crypto exchanges with $100 million turnover and seizes $4.8 million USDT

Kazakhstan intensified its crackdown on illegal crypto exchanges in 2024, targeting platforms linked to money laundering activities. According to a press statement, the Asian country’s Financial Monitoring Agency (AFM) announced that it liquidated 36 unauthorized exchanges with a combined turnover of more than $100 million and restricted access to over 3,500 unregistered crypto trading platforms. […]