Binance secured a big win in Kazakhstan after granting a full license that will make not only trading get regulated in the region but also become the first crypto platform to get a green to handle virtual asset trading, investment and crypto custody.

This isn't a easy market to get a license to operate in the region and Coinbase can testimony it after shutdown in the region due to rule violations.

The regulatory license grabbed by Binance once full enabled will grant people and companies in the region to trade on a full regulated entity approved by Kazakhstan authority. This means the crypto exchange have now one more playground in which they can become the main player enriching their presence worldwide.

Binance who announced that plans to get their work force to 1000 also told the media that will settle around the world all trouble they have and prepared more than $200,000.000 for that. They kinda need that as the exchange have not being treated well recently and getting one more regulated playground will reinforce their business as a legal entity around the globe. Remember:

CONTENT IS KING!