Wire · regulatory
Kraken Parent Payward Wins In-Principle Approval For Kazakhstan Expansion
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Fusion42 · 24 October 2026 · Fusion42 review
Payward, the parent company of Kraken, has received in-principle approval from the Astana Financial Services Authority to establish a regulated digital asset business in Kazakhstan's Astana International Financial Centre. This approval covers digital asset trading, dealing, and custody, but final licensing and operational details remain pending.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Kazakhstan is opening its market to regulated crypto trading and custody, offering you a new regional entry point with global order book access. You should prepare for licensing complexities and customer onboarding delays as rules are finalised.
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1 source · 24 Oct 2026
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