Kazakhstan Court Restricts Coinbase and Other Crypto Exchanges

Key Facts

1A Kazakhstan court has ordered restrictions on Coinbase, BingX, and four other cryptocurrency exchanges.

2Nine other crypto platforms voluntarily restricted app access in Kazakhstan, leading the regulator to withdraw claims against them.

A Kazakhstan court has ordered restrictions on Coinbase, BingX, and four other cryptocurrency exchanges. Reuters reported that nine other platforms voluntarily restricted access to their applications within the country, leading regulators to withdraw legal claims against them.

The legal action follows regulatory pressure on crypto platforms to comply with local licensing and operational requirements in Kazakhstan. Shares of Coinbase (COIN) closed at $168.45 on October 19, 2026, as major exchanges face operational hurdles in significant mining and trading hubs.