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Kraken's parent Payward gets preliminary approval to expand trading and custody in Kazakhstan.

Market News
25 Oct 2026
NewsBTC
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Neutral
Kraken's parent Payward gets preliminary approval to expand trading and custody in Kazakhstan.

Payward, the parent company of cryptocurrency exchange Kraken, has received in-principle approval to expand its operations into Kazakhstan. This preliminary approval covers trading and custody services, marking a significant step forward in Payward's expansion plans. However, obtaining full licensing remains a separate process that the company must complete before fully operating in the country. This move highlights Payward's strategic growth in new markets amid increasing interest in crypto services in Kazakhstan.

Kraken's expansion plans in Kazakhstan provide context for readers. For those following major cryptocurrencies on Pluang, 34 of 50 rose and 13 fell as of Oct 26, 2026 00:02 WIB. Litecoin (LTC) rose 2.08% to Rp1.028.662 with a typical hold time of 79 days and 70% buy orders. Terra Classic (LUNC) increased 2.06% to Rp0,819 with a 196-day hold time and 92% buy orders. Fantom (FTM) fell 2.05% to Rp11.382 with an 88-day hold time.

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