Regulation· ★★★· bullish· October 27, 15:20

Kraken secures preliminary regulatory approval in Kazakhstan

—AFSA granted Kraken in-principle approval, not a full license
—Kraken signed a cooperation memorandum with Kazakhstan's digital ministry
—Only Binance Kazakhstan and Bybit Kazakhstan hold local licenses
—Bitget, MEXC and HTX announced exits from Russia within a week

Why it matters: Kraken could join Kazakhstan's short list of licensed exchanges while rivals pull out of Russia.

Source: BeInCrypto RU

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