# KZ Crypto Rules > The requirement, then what it means KZ Crypto Rules covers regulation, licensing, compliance, local banking, exchange, custody, onramp, offramp, otc, industries and nothing else. Every article is written by Dinara Yesimova. Reads the rules so readers do not have to: the National Bank, AFSA, and what each actually requires. The intended reader is compliance and finance people who need the requirement, not the commentary. No price predictions, no investment advice and no paid placements: articles explain how something works so the reader can decide for themselves. Where a number matters, the article states where it came from and when it was measured. 20 articles, published 2026-07-24 to 2026-10-26. Every article is also served as plain Markdown: replace the trailing slash with `.md` — https://kzcryptorules.com/proposed-but-not-binding.md ## Regulation - [Changes That Have Been Proposed But Are Not Yet Binding](https://kzcryptorules.com/proposed-but-not-binding/): How to tell a proposal from an obligation, and what a business should do about each. - [Where the Rules Are Silent, and What That Means in Practice](https://kzcryptorules.com/where-the-rules-are-silent/): Five areas where no clear obligation exists, how firms fill the gap, and why silence is not permission. - [Which Rules Apply Inside the AIFC and Which Outside](https://kzcryptorules.com/aifc-rules-versus-outside/): Two regimes operate in the same country. What determines which one applies to an entity or a transaction. - [Penalties for Operating Without Authorisation](https://kzcryptorules.com/penalties-for-operating-unauthorised/): The consequences fall into four categories, and two of them reach the customers of an unauthorised firm. - [Advertising Restrictions on Crypto Services](https://kzcryptorules.com/advertising-restrictions/): What marketing rules in this area generally require, who they bind, and why they catch businesses that do not consider themselves advertisers. ## Licensing - [Timelines: How Long Each Authorisation Step Takes](https://kzcryptorules.com/timelines-for-authorisation/): An application has five stages. Which ones have statutory clocks, which depend on the applicant, and where time is actually lost. - [Capital Requirements for Authorised Crypto Firms](https://kzcryptorules.com/capital-requirements/): Why capital is required, what it is supposed to absorb, and why the figure itself is not the useful part. - [Obligations That Apply to Foreign Platforms Serving Residents](https://kzcryptorules.com/obligations-for-foreign-platforms/): A platform outside the jurisdiction can still be inside the perimeter. Three tests that decide it. - [What Counts as a Regulated Activity, Line by Line](https://kzcryptorules.com/what-counts-as-regulated-activity/): Six activities commonly within the perimeter, stated plainly, with the boundary cases that cause most of the questions. - [AFSA Authorisation: The Requirements, Restated](https://kzcryptorules.com/afsa-authorisation-requirements/): What an applicant must demonstrate to be authorised within the AIFC regime, restated in plain sentences. - [Who Needs a Licence to Deal in Crypto in Kazakhstan](https://kzcryptorules.com/who-needs-a-licence/): The obligation attaches to activities rather than to assets. Which activities, who they bind, and where the boundary is unclear. ## Custody - [Outsourcing Rules When a Platform Uses a Foreign Custodian](https://kzcryptorules.com/outsourcing-rules/): Outsourcing a function does not outsource the obligation. Four requirements that follow a platform wherever it sends the work. - [Rules for Holding Client Assets, Quoted and Explained](https://kzcryptorules.com/rules-for-holding-client-assets/): Client asset rules are the provisions that decide what happens in an insolvency. Four requirements and what each one does. ## Compliance - [Complaints Handling: What a Licensed Platform Owes Customers](https://kzcryptorules.com/complaints-handling/): Authorised firms carry obligations about complaints. What they are, what timelines apply, and what happens next. - [Sanctions Screening Requirements for Local Platforms](https://kzcryptorules.com/sanctions-screening-requirements/): What screening obligations require, why they apply regardless of local listings, and what a customer experiences. - [Tax Treatment of Crypto Income, as Written](https://kzcryptorules.com/tax-treatment-as-written/): What the structure of the question is, which records satisfy any version of the answer, and where I stop. - [Record Keeping: What Must Be Stored and For How Long](https://kzcryptorules.com/record-keeping-requirements/): Retention obligations are specific, enforced, and the most common finding in enforcement actions. What they cover. - [Reporting Thresholds, With the Numbers in One Table](https://kzcryptorules.com/reporting-thresholds/): Thresholds trigger obligations on institutions rather than customers. What they are for, and why I will not quote figures. - [The Travel Rule in Kazakhstan: Who It Binds and When](https://kzcryptorules.com/travel-rule-who-it-binds/): The requirement to transmit originator and beneficiary information with a transfer. What it covers and what remains in flux. - [Verification Rules Platforms Must Apply to Customers](https://kzcryptorules.com/verification-rules-platforms-apply/): Customer due diligence has four components. What each requires, when enhanced measures apply, and why refusal is not optional. ## About this site - [About](https://kzcryptorules.com/about/): what the site covers, who writes it and how articles are checked. - [Author](https://kzcryptorules.com/author/): Dinara Yesimova. Reads the rules so readers do not have to: the National Bank, AFSA, and what each actually requires. - [Contact](https://kzcryptorules.com/contact/): corrections and questions. - [Privacy](https://kzcryptorules.com/privacy/): what the site does and does not collect. ## Machine-readable - [https://kzcryptorules.com/llms-full.txt](https://kzcryptorules.com/llms-full.txt): full text of every article in one file. - [https://kzcryptorules.com/sitemap-index.xml](https://kzcryptorules.com/sitemap-index.xml): every indexable URL. - [https://kzcryptorules.com/rss.xml](https://kzcryptorules.com/rss.xml): feed of new articles.