2026-01-13 13:22:42

Kazakhstan's financial regulators recently launched an unprecedented crackdown. The 2025 performance report has just been released, and the scale of the operation is remarkable. A total of 22 underground cryptocurrency exchange points nationwide were directly shut down, and law enforcement tracked and dismantled over 1,100 online illegal trading channels, cutting off the main blood supply to black market funds.

The most notable aspect is the freezing of nearly 20,000 problematic bank cards. These cards appear to be ordinary accounts on the surface but are actually tools used by money laundering gangs to transfer funds—so-called "proxy payment puppets"—to quickly legitimize illegal funds. This cleanup covered the entire chain, from offline physical stores and virtual trading channels to the bank card system, representing a comprehensive regulatory strike.

From a market perspective, this kind of intensified regulation has a two-way impact on the crypto ecosystem. On one hand, cracking down on illegal activities can purify the market environment; on the other hand, increased regulatory efforts across regions are reshaping regional crypto liquidity patterns. As compliance requirements become more stringent, investors will be more cautious in choosing trading platforms. Recently, Bitcoin markets have experienced frequent fluctuations, and such policy-level changes should not be underestimated. It is worth monitoring whether other regions will follow with similar measures.

BTC1,41%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

AirdropHunterXM

· 01-14 03:17

Kazakhstan's recent crackdown is quite intense, with 20,000 cards frozen... Now the black market has to panic.

View OriginalReply0

token_therapist

· 01-13 13:52

Kazakhstan's recent move is quite aggressive, directly cutting off the blood supply to black market activities. But honestly, this might actually be a positive for the legitimate industry...

View OriginalReply0

GasFeeBarbecue

· 01-13 13:51

Kazakhstan is really tough—freezing 20,000 cards directly. This will make black market activities difficult. --- Compliance is becoming increasingly unavoidable. Big companies have already adapted, but retail investors still need to learn slowly. --- A multi-layered crackdown... sounds good, but it still depends on how Bitcoin develops afterward. --- Money laundering tools have all been shut down. It feels like the whole world is tightening regulations simultaneously. --- With such strong action, will other countries follow suit? We need to keep an eye on it. --- Purifying the market is one thing, but will this scare away retail investors again? --- The use of proxy payments and puppets really should be stopped, but compliant exchanges also have a tough time. --- 20,000 cards... how many people are involved? Just thinking about it is scary. --- Now it's really time to choose a major platform; smaller exchanges are even more dangerous.

View OriginalReply0

SelfMadeRuggee

· 01-13 13:50

Kazakhstan's recent move is quite aggressive, but money laundering rats ultimately can't escape. Really, 20,000 cards frozen? The black market must be crying their eyes out. Compliance... more and more regions are starting to get serious. The recent plunge in Bitcoin seems to be related to regulation. Multi-faceted crackdown sounds tough, but the real key is whether they can catch the source.

View OriginalReply0