Putin Reveals Over 85% of CIS Trade Now in National Currencies

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial … Read more

Binance Secures Regulatory License in Kazakhstan for Crypto Trading

Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country where Binance has regulatory approval, positioning it as a key fintech hub. Binance … Read more

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key … Read more

Binance Kazakhstan Receives Formal Consent for Regulatory License

Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct … Read more

Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized … Read more

China and Kazakhstan Sign CBDC Collaboration Agreement

The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint initiatives and professional development. China and Kazakhstan to Collaborate on Central Bank Digital Currencies … Read more