Kazakhstan to Freeze 20,000 Money Laundering Cards and Shut Down 22 Underground Cryptocurrency Exchange Sites in 2025

Odaily News: Kazakh President Tokayev received the 2025 work report from the Financial Monitoring Agency (AFM). The agency has completed investigations into 1,135 criminal cases, compensated victims with 141.5 billion tenge, dismantled 15 criminal groups and 29 platforms engaged in illegal cash-out operations involving over 128 billion tenge, cracked down on 22 underground cryptocurrency exchange sites laundering proceeds from drug trafficking and fraud, and blocked more than 1,100 illegal online cryptocurrency trading services and 20,000 deposit cards used for money laundering. (Tengrinews)