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Kraken plans to enter Kazakhstan's crypto market, says Kursiv

Developing· 2 independent sources

Published:

Stock exchange
In the photo: Stock exchange. Illustrative photo: TomasEE / Wikimedia Commons, CC BY 3.0

Summary

Kraken, an international crypto platform, is planning to enter Kazakhstan's market, according to Kursiv. The announcement was made following a meeting between Prime Minister Olzhas Baikenzhanov and Kraken co-CEO David Ripley at the AI & Digital Bridge 2026 forum. Vice Minister of Artificial Intelligence and Digital Development Gizat Baytursynov stated that attracting major international companies will help Kazakhstan develop its digital asset industry and strengthen its position as a regional crypto hub. David Ripley said that preliminary approval from AFSA is a crucial step for Kraken's parent company, Payward, to enter the Kazakh market.

Key facts

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According to preliminary information

Developing

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  • Kursiv

    T2 · established media · company · international

  • Frank Media

    T2 · established media · company · international

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  1. Published: Version 1 · current

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