Regulation· ★★★· neutral·

Kazakhstan's AIFC Regulator to Serve Apple and Google Injunctions Against Coinbase, HTX

  • —Injunctions cover Coinbase, HTX, BingX, Bitcoin.com, BitMart and WEEX
  • —AIFC Court entered a default judgment on Sept. 15 after no defense
  • —LBank was dropped after blocking access in Kazakhstan
  • —Orders apply only to the AIFC; the National Bank now handles licensing
Why it matters: The case shows how local regulators are trying to cut off unlicensed exchanges through app store operators.
Source: Unchained