Kazakhstan Seizes $17M in Crypto, Shuts Down 130 Illegal Exchanges

TLDR Kazakhstan shut down 130 illegal cryptocurrency exchanges operating without licenses in 2025. Authorities seized digital assets worth $16.7 million during the crackdown on unregistered trading platforms. The Financial Monitoring Agency revealed that these platforms were involved in laundering criminal proceeds. Officials identified 81 criminal groups responsible for over $44 million in illegal financial transactions. [...]

The post Kazakhstan Seizes $17M in Crypto, Shuts Down 130 Illegal Exchanges appeared first on Blockonomi.