Kazakhstan’s financial services authority obtained a court injunction barring Coinbase, BitMart, Huobi Global (HTX), Bitcoin.com, WEEX and BingX from selling or promoting crypto services in the country. The six platforms failed to comply with early 2026 warnings and the regulatory framework of the Astana International Finance Center. The measures also restrict access to their applications through Google and Apple as part of a crackdown covering more than 20 platforms since 2025. Meanwhile, Kazakhstan has licensed Binance and Bybit and recorded $655.9 million in cross-border stablecoin flows in 2026, compared with $168 million in local transfers, making international volumes 3.9 times larger.
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