The post Coinbase is blocked in Kazakhstan for violating the Digital Assets Law! appeared first on Coinpedia Fintech News
The Kazakh government has blocked cryptocurrency exchange platform Coinbase, alleging that the company violated the country’s Digital Assets Law. According to the government, Coinbase was involved in the unauthorized issuance, trading, and exchange of digital currencies without obtaining the necessary permission from the state. The move comes amid a growing crackdown on cryptocurrency exchanges and trading platforms by various governments around the world. Last month, China and Iran also banned cryptocurrency mining and trading, citing concerns about financial stability and the potential for money laundering and other illegal activities.
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