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Kazakhstan's AIFC Regulator Turns to Apple and Google to Enforce Coinbase, HTX Injunctions

Kazakhstan's Astana Financial Services Authority (AFSA) says it will serve Apple and Google with injunctions against Coinbase, HTX and four other unlicensed crypto platforms, since the court has not directly ordered the app store operators to act. The AIFC Court orders, announced on Oct. 20, bar BingX, Bitcoin.com, HTX, BitMart, Coinbase and WEEX from offering digital asset services in the AIFC or to users there without authorization, including distributing apps for that purpose. Justice Sir Stephen Richards said AFSA should first engage with Google and Apple, and limited the injunctions to the AIFC because amended digital assets law gave the National Bank of Kazakhstan the broader licensing role. AFSA says nine platforms restricted their apps in Kazakhstan, leading it to drop those cases, and seven others plan to apply for a license.

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Original headline: Kazakhstan’s AIFC Regulator Turns to Apple and Google to Enforce Coinbase, HTX Injunctions

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Close on 10/20/202683,028.15
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