Kazakhstan court bars Coinbase and five others from unlicensed crypto services in AIFC

·2 views

A Kazakhstan court has issued injunctions against Coinbase and five other crypto firms, barring them from offering unlicensed services within the Astana International Financial Centre. The rulings target activity inside the AIFC's jurisdiction, reflecting the financial zone's licensing requirements for digital asset businesses. The injunctions apply only to users within the AIFC and do not extend to the rest of Kazakhstan. The case highlights the regulatory boundaries Kazakhstan is drawing around crypto operations in its special financial district.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Microsoft, Alphabet and Goldman Sachs Object to OKX-ICE Tokenized Stock Venue

Seven additional companies have chosen not to be listed on the planned tokenized stock trading venue operated by OKX and ICE. The opt-outs are tied to the SEC's regulatory framework for such offerings. Microsoft, Alphabet and Goldman Sachs are among those now registering objections. The total number of disclosed objections has risen to 16. The development signals continued reluctance among major issuers toward the proposed tokenized equities platform.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

France's parliament backs 31% capital gains tax on stablecoin trades

France's parliament has approved a measure that would tax stablecoin trades at a 31% capital gains rate. The change comes through Amendment I-3898, which eliminates tax deferral for stablecoins that comply with the EU's MiCA regulation. The removal of deferral takes effect in January 2027. The amendment specifically targets MiCA-compliant stablecoins, so gains from trading them would be taxed rather than postponed.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month

Your day-ahead look for Oct. 20, 2026

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

JPMorgan Projects About 10% Annual Bitcoin Returns Over Next Decade

JPMorgan has forecast annual bitcoin returns of roughly 10% over the next ten years, a projection that would exceed expected gains from stocks, bonds and gold. The report is notable as the first time the bank has attached a specific return range to bitcoin in its research. Despite the optimistic outlook, JPMorgan continues to take a cautious stance on how much bitcoin should feature in investor portfolios. The source article provides limited additional detail beyond this framing, so the underlying assumptions behind the estimate are not fully specified here.

0 comments Read more at CoinDesk