Kazakhstan Regulator Grants Kraken Parent In-Principle License Approval

The Astana Financial Services Authority (AFSA) has granted in-principle approval to license Payward Kazakhstan, a preliminary step toward authorizing Kraken's parent to offer digital asset services in the country. Payward Kazakhstan is based in the Astana International Financial Centre. The proposed license would cover a digital asset trading facility, dealing in investments as principal and agent, and custody of digital assets. The approval is preliminary and does not amount to a full license. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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