Kazakhstan Blocks Over 1,000 Illegal Crypto Trading Platforms in Crackdown

Published at 2026-01-13 13:15:09

Over the past year Kazakhstan’s financial regulators have blocked access to more than 1,000 online platforms that offered cryptocurrency exchange services without authorization. Authorities describe the action as a targeted effort to shut down illegal operators while the country develops a comprehensive regulatory framework for digital assets.

The crackdown matters because it aims to protect consumers and reduce money‑laundering risks while clearing space for licensed businesses as Kazakhstan seeks to position itself as a regional crypto hub. Market participants and observers will be watching how the state balances enforcement with clear licensing rules, infrastructure support, and cross‑border cooperation to attract legitimate crypto activity.

KazakhstanCryptocurrencyRegulationFinancial StabilityIllicit Markets

Share on:

Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

CoinbaseBrian ArmstrongCLARITYCommunity BanksRegulationUS Politics

Published at 2026-01-18 00:15:08

Georgia Orders Shutdown of Unlicensed Crypto ATMs

State authorities ordered Virtual Assets LLC to cease operations after the firm failed to demonstrate it was an authorized money transmitter. The action removes access to the company’s ATM network while regulators assess compliance.

Crypto ATMsRegulationVirtual Assets LLCGeorgiaCompliance

Published at 2026-01-17 21:45:06

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

BTCRegulationBitcoinStateFinanceUnitedStates

Published at 2026-01-17 15:45:05

California fines Nexo $500K over unlicensed loans, stalling US comeback

California regulators have fined crypto lender Nexo $500,000 for issuing thousands of loans without a required license, creating a setback for the firm's plans to resume U.S. operations.

RegulationCrypto LendingCaliforniaEnforcement

Published at 2026-01-17 13:00:08

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.