Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks

As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges. In a statement, the country's government said that the exchanges that are registered with the Astana International Financial Centre (AIFC), a financial hub based in Kazakhstan's capital Nur-Sultan, are eligible to open accounts with a number of local banks....