A Kazakh court has sentenced three cryptocurrency exchange operators to prison terms. According to an official report by the Kazakh government-run Financial Supervisory Agency (AFM), the court sentenced the three to between 2.5 and 3.5 years in prison, and the bailiffs confiscated their assets worth $750,000.
Binance: Agreement with the National Foresight Project Agency of Uzbekistan to provide services in the country.
Kazakh watchdog AFM RK has announced that authorities have blocked more than 3,500 cryptocurrency exchanges operating illegally. The action is the result of a joint effort by the National Security Council and the Ministry of Cultural Information. Previously, authorities also blocked access to Coinbase in 2023 for suspected violations of digital asset laws. In 2024, the regulator liquidated 36 illegal cryptocurrency exchanges with a total transaction value of 60 billion Kazakh tenge (about $113 m...
Deputy Prime Minister of Kazakhstan: We can neither confirm nor deny that the Russian air defense system shot down the Azerbaijani Airlines plane.
On December 27, local time on December 26, Kazakhstan's transport minister said that Aktau Airport had received news before the crash that the oxygen tank on the plane had exploded, causing passengers to lose consciousness.
On December 26, according to a report by the Kazakh National News Agency on the night of December 25, a spokesperson for the Kazakh Transport Prosecutor's Office said that the black box of the crashed passenger plane had been found.
Market news: The black box of the plane that crashed in Aktau, Kazakhstan has been found.
On December 25, Kazakhstan's Ministry of Emergency Situations confirmed that a plane flying from Baku to Grozny had crashed near Aktau, Kazakhstan. Kazakh authorities said preliminary information indicated that there may have been survivors in the crash. The crashed plane belonged to Azerbaijan Airlines.
According to Russia Today, 67 passengers and five crew members were on board the plane that crashed in Aktau, Kazakhstan.
Kazakhstan expects a significant decrease in oil production during the planned maintenance of the Kashagan field in October.
The Ministry of Energy of Kazakhstan: (on OPEC + production reduction compensation measures) plans to carry out compensatory oil production cuts during the planned maintenance of the field in October.
On June 28, the Kazakhstan-Astana Financial Services Authority (AFSA) announced that it has approved Toncoin for trading on its licensed platform. This approval allows investors to trade Toncoin within a reliable regulatory framework, thus ensuring investor protection.
On May 21, data from the international monetary fund showed that Kazakhstan increased its gold reserves by 5.921 tons to 316.551 tons in April. The Chinese mainland increased its gold reserves by 4.977 tons to 2262.519 tons in March; the Chinese mainland increased its gold reserves by 12.131 tons to 2257.543 tons in February. Russia increased its gold reserves by 3.110 tons to 2335.925 tons in April.
Kazakhstan has applied to OPEC + to increase oil production by 2025.
Kazakhstan's Ministry of Energy: No application has been made to increase oil production next year.