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Regulation

AIFC Court restricts six unlicensed crypto platforms

The Astana International Financial Centre Court granted AFSA's claims and issued injunctions against the operators of BingX, Bitcoin.com, HTX, BitMart, Coinbase and WEEX. The order concerns unlicensed digital-asset services within the AIFC, not a blanket ban on those platforms across Kazakhstan.

AIFC Court restricts six unlicensed crypto platforms

What the AIFC Court ordered

According to the Astana Financial Services Authority, the AIFC Court issued its judgment and order on 15 September 2026 following the regulator's claims. The initial order barred the operators of BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase, LBank and WEEX from providing, offering or advertising digital-asset services within the AIFC without the required licence.

AFSA says the order also covers distributing or making mobile apps available through any platform where those apps are used to provide the services. This is an enforcement measure tied to unlicensed activity in a defined jurisdiction, not a general assessment of the security or quality of each platform.

Why six platforms remain subject to the order

The original judgment named seven operators, including LBank. On 18 September, the AIFC Court amended the order and removed LBank's operator after the platform independently blocked access to its services in Kazakhstan.

AFSA's current notice identifies BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX as the remaining operators subject to the injunctions. The regulator says its enforcement work began with written warnings to more than 20 crypto platforms in 2025.

The jurisdictional boundary matters

AFSA describes the injunctions as restrictions on unlicensed services and promotion within the AIFC. Calling the ruling a countrywide exchange ban would therefore overstate the official announcement: it does not establish one uniform prohibition for every user throughout Kazakhstan.

The AIFC operates in Astana under its own legal and regulatory framework. Jurisdiction, the service in question and the licensing position must be considered separately, so the announcement should not be applied automatically to all digital-asset activity outside the centre.

What a platform user can verify

Do not rely only on a platform name or a news summary for an important decision. Check the platform's official notices, the terms that apply to your country and the regulator's own statement on the territory and service covered by a restriction.

App availability, new-account registration, marketing and service to an existing account are separate questions. AFSA's court order does not replace a platform's terms of service or an account-specific notice sent to a customer.

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