Kazakhstan court bars six crypto platforms without licenses

Kazakhstan’s Astana International Financial Centre Court has barred six cryptocurrency platform operators from providing or advertising digital-asset services without authorization, while the financial regulator prepares to seek geographic restrictions on their apps in Apple and Google stores. The injunctions apply to operators of Coinbase, BingX, Bitcoin.com, HTX, BitMart and WEEX. The court’s original September 15 judgment also named LBank, but AFSA said the court amended the order on September 18 after LBank’s operator restricted access in Kazakhstan. Six operators remain subject to the injunctions. The orders prohibit unauthorized digital-asset services within the AIFC and cover advertising and distributing mobile applications for those services. AFSA said Apple and Google are within the scope of the order as app-store operators and that it was preparing to send them enforcement documents for geographic restrictions. The supplied information does not confirm that the companies received the documents or implemented restrictions. AFSA said nine other platforms avoided court claims after voluntarily restricting their apps in Kazakhstan. Seven more expressed interest in...