Kazakhstan Approves Toncoin for Trading on Regulated Exchanges

• Kazakhstan has officially authorized Toncoin, adding it to the list of 107 cryptocurrencies.
• Investors are showing great interest in the Open Network and its native asset, TON.

An assessment by Kazakhstan’s Financial Services and Regulatory Committee ( AFSA ) confirmed that the digital asset Toncoin ( TON ) fulfilled the listing requirements of the financial regulator, allowing it to be traded on regulated exchanges. The Kazakh government has officially authorized Toncoin, adding it to the list of 107 cryptocurrencies.

Furthermore, a growing number of investors are showing interest in the Open Network and its native asset, TON. Mini Apps and in-app purchases are made possible by the Open Network. This is via the use of Telegram’s messaging technology and user base, which boasts over 800 million daily active users. Also, the number of active Telegram users in Kazakhstan is 55 million, according to statistics from TGStat.

Moreover, the TON ecosystem isn’t complete without blockchain gaming. Players interested in making some extra income can’t get enough of games like TonPotato, Notcoin, Hamster Kombat, and Notcoin.

Hamster Kombat’s Growing Craze

Especially noteworthy is Hamster Kombat’s ability to garner attention. Officials from many branches of government have voiced their concerns and criticisms about the game’s increasing popularity. People trying to make money off of the game’s token were warned by Uzbekistan’s National Agency for Perspective Projects (NAPP), which is in charge of regulating online businesses and digital commerce.

Furthermore, the regulator clarified that they do not have jurisdiction over Hamster Kombat’s tokens as they are not digital assets stored on the blockchain. So far, the game is still legal to play within the nation. But the NAPP cautioned that people should be prepared for the possibility that withdrawing their tokens may become problematic if they move on-chain and become real digital assets.

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