Code Coin Receives Preliminary Approval for Stablecoin Issuance License in Kazakhstan, Awaiting Final AFSA Authorization

Code Coin, a blockchain cross-border payments infrastructure provider, announced today that it has received preliminary approval from the Astana Financial Services Authority (AFSA) in Kazakhstan for a stablecoin issuance license, pending final authorization to commence operations. This marks the first major milestone in Code Coin's global stablecoin licensing strategy and signals that its compliance-first approach has landed in the Eurasian market.

With this preliminary approval, Code Coin will continue to align with Kazakhstan's legal framework and connect with the country's central bank digital currency ecosystem and global stablecoin networks. Using Kazakhstan as a strategic hub, the company aims to serve broader Eurasian cross-border trade and become a payment bridge between traditional finance and digital assets. Leveraging this position, Code Coin expects to lawfully expand multi-currency stablecoin exchange, cross-border payment, and digital-asset clearing and settlement servic...