Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.
In late September, Kazakhstan’s President Kassym-Jomart Tokayev witnessed the nation’s first regulated fiat-to-crypto purchase by a local commercial bank, the Eurasian Bank.
The transaction involved a local crypto exchange called Intebix, which allows retail clients to buy crypto with the local currency, the Kazakhstani tenge (KZT).
Intebix is not limited to Kazakhstani nationals, and the crypto exchange is willing to service foreigners coming to the country, according to Intebix co-founder and CEO Talgat Dossanov. He emphasized that Intebix’s crypto transactions are only accessible for card holders from one of Kazakhstan's banks, such as the Eurasian Bank.
“Although foreign nationals are more than welcome at Intebix, they will need a local bank card to enjoy the crypto-to-fiat transactions,” Dossanov said in an interview with...
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