Binance launches regulated platform in Kazakhstan amid troubles in the West

Binance Launches Regulated Platform in Kazakhstan

Binance, one of the world’s largest cryptocurrency exchanges, has announced the launch of a regulated platform in Kazakhstan. The platform will be operated by Binance’s local partner, Exante, and will offer trading services for a range of digital assets.

The launch of the platform comes amid increasing regulatory scrutiny of the cryptocurrency industry in the West. The move is seen as a way for Binance to expand its presence in the region and to offer its services to users in Kazakhstan.

The platform will offer a range of trading services, including spot trading, margin trading, and futures trading. It will also offer a range of other services, including a secure wallet and a range of educational materials.

The launch of the platform is seen as a positive development for the cryptocurrency industry in the region. It will provide users with access to a range of digital assets and will help to promote the adoption of cryptocurrencies in the region.

Binance’s Local Partner Exante

Exante is a local partner of Binance in Kazakhstan, and will be responsible for the operation of the new regulated platform. The platform will offer trading services for a range of digital assets, including Bitcoin, Ethereum, and Binance Coin.

Regulatory Compliance

The new platform will be compliant with all local regulations, including anti-money laundering (AML) and know-your-customer (KYC) requirements. The platform will also comply with the Financial Action Task Force (FATF) standards for digital asset exchanges.

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