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Matter

Astana Financial Services Authority v Persons Unknown (Court of First Instance of the Astana International Financial Centre AIFC-C/CFI/2026/0010)

Astana Financial Services Authority proceedings concerning default relief and a variation order restraining unauthorised digital-asset services in the AIFC.

  • Cross-border litigation

Procedural record

  1. 15 September 2026Kazakhstan

    15 September 2026Kazakhstan

    Default Judgment and Order of the Court of First Instance of the Astana International Financial Centre in the case AIFC-C/CFI/2026/0010 dated 15 September 2026

    Court of First Instance of the Astana International Financial Centre

    Case no.
    AIFC-C/CFI/2026/0010
    Decision summary
    The Court granted default judgment against the operators of Bing X, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX digital asset platforms, restrained them from providing unauthorised digital asset services in the AIFC, ordered them to pay KZT 1,995,479.95 in costs jointly and severally, and directed service of the judgment on Google LLC and Apple Inc.

    Participants

    Astana Financial Services Authority
    Persons Unknown
    Bing X
    Bitcoin.com
    Huobi Global (HTX)
    BitMart
    Coinbase
    WEEX
    Court of First Instance of the Astana International Financial Centre

    Authorities cited

    2
    • Law of the Republic of Kazakhstan on Digital Assets No. 193-VII (Law of the Republic of Kazakhstan on Digital Assets, No. 193-VII, 6 February 2023)
      statute
    • AIFC Court Rules
      rules

    3 days later · 3 days

  2. 18 September 2026Kazakhstan

    18 September 2026Kazakhstan

    Variation Order of the Court of First Instance of the Astana International Financial Centre in the case AIFC-C/CFI/2026/0010 dated 18 September 2026

    Court of First Instance of the Astana International Financial Centre

    Case no.
    AIFC-C/CFI/2026/0010
    Decision summary
    The Court varied the default judgment and order by removing the operator of the LBank digital asset platform from the list of operators subject to the judgment, corrected typographical errors in the costs provision, and confirmed the resulting restraints, costs order and service directions.

    Participants

    Astana Financial Services Authority
    Persons Unknown
    Bing X
    Bitcoin.com
    Huobi Global (HTX)
    BitMart
    Coinbase
    WEEX
    LBank
    Court of First Instance of the Astana International Financial Centre
    Judge
    Sir Stephen Richards

    Authorities cited

    2
    • Law of the Republic of Kazakhstan on Digital Assets No. 193-VII (Law of the Republic of Kazakhstan on Digital Assets, No. 193-VII, 6 February 2023)
      statute
    • AIFC Court Rules
      rules

Matter record

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Astana Financial Services Authority v Persons Unknown (Court of First Instance of the Astana International Financial Centre AIFC-C/CFI/2026/0010) · Matter