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Kazakhstan Court Bars Coinbase, BingX, Bitcoin.com, Huobi, BitMart, WEEX From AIFC Crypto Services

This article is an automated aggregation of coverage from news outlets. Our editorials offer in-depth analysis curated by the NewsCord team.

AIFC Court issued injunctions banning six platforms from unlicensed crypto services inside the AIFC. The targeted platforms are Coinbase, BingX, Huobi Global, BitMart, Bitcoin.com, and WEEX.

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Kazakhstan Court Bars Coinbase, BingX, Bitcoin.com, Huobi, BitMart, WEEX From AIFC Crypto Services
Image: TradingView

Shared framing

Most relevant headlines report court restrictions on six platforms described as unlicensed; two limit this to Astana’s financial centre. The separate Bitget story is unrelated; no nationwide ban is established.

5 of 7 outlets · 5 of 7 headlines analysed

  • TradingViewcourt orders curbs on Coinbase, BingX and four others
  • IncryptedHas Banned the Operations of Six Unlicensed Crypto Platforms
  • @coindeskbars Coinbase, five others from unlicensed crypto services
See the headlines

Court restrictions on six platforms described as unlicensed

Five headlines describe court curbs, restrictions or a ban involving six platforms and unlicensed crypto services. Two specify the Astana International Financial Centre. An unrelated Bitget access story is excluded; this does not establish a nationwide ban on all exchange services.

Other angles in this collection

Action portrayed as limited to Astana financial hub

2 outlets · 2 headlines

Two headlines specifically locate the court action in Astana’s financial centre, bounding the reported scope.

All 7 analysed headlines

Counts describe this collection. One headline may support more than one angle.

Exclusions: Different event (1).

Analysed 20 Oct 2026.

Reviewed by Codex validator (AI) · 20 Oct 2026

AIFC injunctions

Kazakhstan’s Astana International Financial Centre Court barred Coinbase and five other crypto exchanges from offering unlicensed digital asset services inside the AIFC, and the restrictions also covered mobile app distribution for those services within the center.

“The court injunctions apply strictly to users within the AIFC and do not extend across the rest of Kazakhstan.”
@coindesk

The Astana Financial Services Authority said the injunctions applied to BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX, and it said the court injunctions covered users within the AIFC rather than extending across the rest of Kazakhstan.

Image from @coindesk
Image: @coindesk

Justice Sir Stephen Richards specified in a Sept. 15 judgment that the injunctions applied only to the AIFC and users located there.

AFSA said the court entered judgment by default after the platform operators failed to respond within the required period, and it said the regulator’s enforcement effort began in 2025 with warnings to more than 20 crypto platforms.

AFSA said LBank was removed from the order after resolving AFSA concerns, while Apple and Google faced potential app-store duties once served.

Reporting for this section@coindesk

AFSA and app stores

AFSA Chief Executive Officer Evgeniya Bogdanova said the court’s decision was the result of AFSA’s supervision and enforcement efforts to regulate platforms that had advertised and provided virtual-asset services in Kazakhstan without the required license.

Bogdanova said AFSA had given advance notice of AIFC rules to more than 20 platforms during 2025, and AFSA said nine platforms voluntarily restricted app access while seven expressed an intention to obtain a license.

Image from AMBCrypto
Image: AMBCrypto

The initial order issued on Sept. 15 covered seven platforms, including LBank, and the court amended its judgment on Sept. 18 after LBank was removed.

The court order also brought Google and Apple within the scope as app store operators responsible for regional access restrictions, and it prohibited the six platforms from offering or marketing unlicensed digital asset services and distributing mobile apps for those services within the center.

The Cryptonomist said the court declined to grant a separate injunction against Google and Apple, directing AFSA to discuss the necessary steps with the firms first.

Reporting for this sectionbloomingbitThe Cryptonomist

Licensing safeguards at stake

AFSA said users of unlicensed platforms lack safeguards required of licensed firms, including asset protection, disclosure, complaint handling and dispute resolution, and it said licensed businesses must meet compliance obligations such as customer identification and anti-money laundering controls. The court order described unlicensed services as undermining the AIFC’s regulatory framework and disadvantaging licensed competitors, and it said authorized firms incur costs for anti-money laundering and counter-terrorist financing compliance. The court also addressed ongoing regulatory supervision, and it said companies offering comparable services without authorization can avoid the same regulatory expenses.

AFSA said it had been working with the National Bank of Kazakhstan since May 2026 to monitor unauthorized digital asset activity, and it said the restrictions specifically concerned unauthorized services within the AIFC and access through the relevant application stores. Crypto News reported that the six operators would have to pay approximately 1.995 million Kazakhstani tenge in legal costs and court fees, while AFSA did not disclose whether the six platforms had ceased all operations across Kazakhstan.

Reporting for this sectionCrypto News