# Kazakhstan Regulator Grants Kraken Parent In-Principle License Approval

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/40018
Published: 2026-10-24T13:53:23.000Z
Updated: 2026-10-24T13:53:23.000Z
Section: Regulation

> The preliminary authorization covers a digital asset trading facility, investment dealing as principal and agent, and digital asset custody.

The Astana Financial Services Authority (AFSA) has granted in-principle approval to license Payward Kazakhstan, a preliminary step toward authorizing Kraken's parent to offer digital asset services in the country.

Payward Kazakhstan is based in the Astana International Financial Centre. The proposed license would cover a digital asset trading facility, dealing in investments as principal and agent, and custody of digital assets.

The approval is preliminary and does not amount to a full license.