Kazakhstan shuts down Raks Exchange.
By Maxime Laurent · 2025-09-29 20:11
Kazakhstan shuts down Raks Exchange.
The financial monitoring agency blocked the platform, which worked with 200+ darknet markets and had over 5M users.
That’s huge — $9.7M in digital assets frozen, and an entire shadow marketplace cut off. Raks Exchange wasn’t just another OTC desk; it was a gateway for underground money flows across the CIS and Ukraine.
Stories like this remind me of crypto’s double edge. On one side, freedom, innovation, self-sovereignty. On the other, grey markets and shady exchanges that inevitably attract regulators’ hammer. In the end, sunlight wins — même au Kazakhstan.
#Kazakhstan #CryptoNews #RaksExchange #Regulation #Darknet
The financial monitoring agency blocked the platform, which worked with 200+ darknet markets and had over 5M users.
That’s huge — $9.7M in digital assets frozen, and an entire shadow marketplace cut off. Raks Exchange wasn’t just another OTC desk; it was a gateway for underground money flows across the CIS and Ukraine.
Stories like this remind me of crypto’s double edge. On one side, freedom, innovation, self-sovereignty. On the other, grey markets and shady exchanges that inevitably attract regulators’ hammer. In the end, sunlight wins — même au Kazakhstan.
#Kazakhstan #CryptoNews #RaksExchange #Regulation #Darknet
Disclaimer: This content is for informational purposes only and not financial advice.