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Friday, October 23, 2026Updated 10:29 UTC

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Kraken Eyes Kazakhstan Market After Country Tightens Crypto Rules

Source: Bitcoin News · Oct 23, 2026 05:30 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Kraken’s parent company, Payward, has received in-principle approval to expand into Kazakhstan, a country that once controlled roughly 18% of global bitcoin mining activity. Thursday’s announcement positions the exchange to offer trading, investment services, and digital asset custody in a market that has shifted from attracting miners with cheap electricity to building a regulated cryptocurrency

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