Kazakhstan Cracks Down on Crypto: Blocks 980 Exchanges

Kazakhstan has ramped up its regulatory measures against the illicit cryptocurrency market. Like a digital detective, they are cracking down on crypto exchanges that dare to serve the citizens without the proper registration. And they mean business.

This week, the Financial Monitoring Agency (FMA) of Kazakhstan announced that over 980 unregulated cryptocurrency trading platforms were denied access by authorities. One key achievement highlighted was the successful blocking of 980 illegal cryptocurrency exchange platforms operating within the country. According to a press release, in 2025 alone, the agency In 2025, Kazakhstan’s Financial Monitoring Agency (FMA) blocked access to almost a thousand crypto exchanges serving the country’s citizens without proper registration.

Notably, Kazakh regulators have blocked access to more than 3,500 online crypto exchanges over the course of their multi-year crackdown. These blocks target platforms that were operating without proper.

The Financial Monitoring Agency (FMA) of Kazakhstan announced this week that over 980 unregulated cryptocurrency trading platforms were denied access by authorities. Whereas exchanges like [insert example if available, or remove this sentence fragment]. Kazakhstan has ramped up its regulatory measures against the illicit cryptocurrency market by blocking over 3,500 exchanges that were operating without proper.