Kazakhstan Court Restricts Coinbase, BingX and Four Others for Unlicensed Activity
An Astana court has issued injunctions against six crypto platforms for operating without proper licenses in the country.
An Astana court has issued injunctions against six crypto platforms for operating without proper licenses in the country. This is an original Token Times brief synthesising 2 outlets (Crypto.news, Cointelegraph), plus live market data, as of Tue, 20 Oct 2026 12:45:01 UTC.
The court orders highlight Kazakhstan's tightening regulatory stance on crypto platforms, potentially impacting their operations and user access in the region. This move follows a broader trend of increased scrutiny on unlicensed crypto services globally.
- Six crypto platforms, including Coinbase and BingX, face restrictions in Kazakhstan.
- AFSA claims the platforms operated without proper licenses.
- Nine other platforms voluntarily restricted access to avoid legal action.
- Total crypto market cap remains at $2.79T amid broad market decline.
Both Crypto.news and Cointelegraph report that the Astana International Financial Centre Court issued injunctions against six cryptocurrency platforms, including Coinbase and BingX, for unlicensed activity in Kazakhstan. The injunctions were issued on September 15th, according to the Astana Financial Services Authority (AFSA). However, Cointelegraph provides the additional detail that nine other crypto platforms voluntarily restricted their services in the country, leading the regulator to withdraw claims against them.
The Astana International Financial Centre Court in Kazakhstan has issued injunctions against six cryptocurrency platforms, including major exchanges Coinbase and BingX, for operating without proper licenses. This development was reported by both Crypto.news and Cointelegraph.
The Astana Financial Services Authority (AFSA) stated that the court issued its original judgment on September 15th, targeting platforms that were found to be conducting unlicensed activities. This regulatory action reflects Kazakhstan's ongoing efforts to impose stricter oversight on the cryptocurrency sector.
While six platforms faced legal action, nine other crypto platforms voluntarily restricted access to their services in Kazakhstan, according to Cointelegraph. This proactive measure led the regulator to withdraw its claims against these platforms, suggesting a degree of cooperation between the industry and authorities.
The broader context of this development is the global trend of increasing regulatory scrutiny on cryptocurrency platforms. Countries around the world are implementing stricter licensing requirements and compliance measures to govern crypto operations within their jurisdictions.
As of the latest market data, the total cryptocurrency market cap stands at $2.79 trillion, with 
Bitcoin experiencing a 24-hour decline of 1.01%. The overall market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 55, indicating a cautious but not overly pessimistic outlook.
Kazakhstan Court Restricts Coinbase, BingX and Four Others f — questions & answers
Which platforms were restricted by the court?
Coinbase, BingX and four other crypto platforms were restricted for unlicensed activity.
What action did the nine other platforms take?
Nine other platforms voluntarily restricted access to avoid legal issues, leading to withdrawn claims.
When was the court judgment issued?
The court issued its judgment on September 15th, according to AFSA.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.