Binance has signed a training agreement with the Financial Monitoring Agency of the Republic of Kazakhstan as part of its global law enforcement training program.
Binance recently received pre-approval from the Astana Financial Services Authority to operate in Kazakhstan. Seeing Kazakhstan as an important region for crypto adoption, Binance has signed an agreement to develop the market.
Binance Grows in Kazakhstan and Central Asia
Crypto exchange Binance has signed an agreement with Kazakhstan’s Financial Monitoring Agency to formalize its work on developing the crypto market in the country.
Kazakhstan, one of the leading countries in crypto mining, has been on the agenda for a while with its crypto regulations. The country, which wants to spread the use of crypto to a wider area, continues to work on the subject.
The program, which includes officials from regulatory and law enforcement agencies around the world, aims to strengthen industry collaboration with national and international law enforcement agencies in the fight against financial crimes and cybercrime.
The program also aims to detect and block digital assets obtained illegally and used for money laundering and terrorism financing.
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