The post Toncoin gains regulatory approval to trade in Kazakhstan appeared on BitcoinEthereumNews.com.

The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA and others. Kazakhstan’s Financial Services and Regulatory Committee (AFSA) has approved Toncoin (TON) for trading on regulated exchanges, following an audit that determined the digital asset met the financial regulator’s listing criteria. Toncoin now joins a list of 107 cryptocurrencies approved by the government of Kazakhstan, including, but not limited to, TRON (TRX), Polygon (MATIC), Aptos (APT), Stellar (XLM), Avalanche (AVAX), and digital asset staples Bitcoin (BTC) and Ether (ETH). The Open Network and its native asset, TON, are emerging as popular choices for value transfer in the developing world. The Open Network leverages Telegram’s user base of over 800 million daily active users and messaging system to deliver Mini Apps and in-app payments. According to data from TGStat, Telegram boasts 55 million active users inside Kazakhstan. Read more Source: https://cointelegraph.com/news/toncoin-gains-regulatory-approval-kazakhstan

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Filed under: News - @ June 29, 2024 9:14 pm