BTC $81,680 
ETH $2,397 
USDT $0.9991 
BNB $730.14 
XRP $1.30 
USDC $0.9999 
SOL $104.38 
TRX $0.3307 
FIGR_HELOC $1.02 
ZEC $1,155 Kazakhstan court orders curbs on Coinbase, BingX and four others
A court in Kazakhstan's AIFC has restricted six unlicensed crypto platforms and extended the order to app stores.
Key takeaways
- Six platforms are covered. The injunctions apply to Coinbase, BingX, HTX, BitMart, Bitcoin.com and WEEX after LBank was removed.
- The order reaches app stores. Google and Apple are named as app-store operators, and AFSA is preparing geographic access restrictions.
- Costs are set. The six operators must pay about 1.995 million Kazakhstani tenge in legal costs and court fees.
What happened
The Astana International Financial Centre court in Kazakhstan has barred six crypto platforms from offering digital-asset services without a license in its jurisdiction. The order covers Coinbase, BingX, HTX, BitMart, Bitcoin.com and WEEX. The Astana Financial Services Authority said it sued the operators after they advertised and served customers without authorization.
The original order was issued on Sept. 15 and named seven platforms, including LBank. An amendment on Sept. 18 removed LBank after its operator blocked access in Kazakhstan, leaving six platforms under the injunctions. The court also prohibited the platforms from advertising their services and from distributing mobile apps without authorization.
Google and Apple are covered as app-store operators. AFSA said it is preparing to send the relevant documents to both companies to enforce geographic restrictions on access to the remaining platforms. The six operators must also pay about 1.995 million Kazakhstani tenge in legal costs and court fees.
Why it matters
AFSA says users of unlicensed platforms lack safeguards that licensed firms must provide, including asset protection, disclosure, complaints handling and dispute resolution. The case shows the regulator using court orders, not only warnings, to limit access to unlicensed crypto services.
AFSA chief executive Evgeniya Bogdanova said the decision followed sustained work by the regulator's supervision and enforcement teams against platforms that advertised and offered digital-asset services without permission. AFSA said it warned more than 20 platforms about AIFC rules in 2025. Nine later restricted app access voluntarily, and seven said they intended to seek licenses. The authority withdrew its claims against the nine.
What is still unclear
- AFSA did not disclose whether the six platforms have stopped all operations across Kazakhstan, and the court's restrictions specifically concern unauthorized services within the AIFC and access through app stores.
- Cointelegraph's requests for comment from BingX, Coinbase and Huobi Global were not immediately answered.
Questions readers ask
Which crypto platforms did the Kazakhstan court target?
The injunctions cover Coinbase, BingX, HTX, BitMart, Bitcoin.com and WEEX. LBank was named in the original Sept. 15 order but was removed after it restricted access in Kazakhstan.
Why did the regulator take the platforms to court?
AFSA said the platforms offered and advertised digital-asset services in its jurisdiction without the required license. It said users of unlicensed platforms lack safeguards such as asset protection and dispute resolution.
How much must the platforms pay?
The six operators must pay approximately 1.995 million Kazakhstani tenge in legal costs and court fees, according to AFSA.
What happened to platforms that restricted access?
AFSA said nine platforms voluntarily restricted app access in Kazakhstan, and it withdrew its claims against them. Seven other platforms said they intended to seek licenses.
