Preliminarily approved, but still short on funds to open.

On September 4, this firm signed 3 memorandums in Kazakhstan: with the central bank, the Ministry of Artificial Intelligence and Digital Development, and the Astana International Financial Centre.

The aim is Category 1 non-bank payment licenses, to connect fiat and crypto payments to the same rail.

Local stablecoins are still under discussion. Watch whether the application gets submitted.