Binance exchange, arguably the largest trading platform by trading volume, has signed its second Memorandum of Understanding (MoU) with Kazakhstan.

What Announced On the company’s side, the latest partnership was signed with the republic’s Financial Supervision Agency to advance the scope of its global compliance training aimed at combating financial crime and cybercrime.

Binance officially launched the Global Law Enforcement Training program last week in an attempt to complement related trading from watchdogs around the world as it has been doing for the past year. So far, Binance has conducted its training for this program in Italy, France, Canada, Germany, Israel, Norway, and the United Kingdom.

The scope of the Kazakhstan partnership will focus on identifying and blocking CRYPTOCURRENCIES that were obtained illegally as the proceeds of criminal activities that can also be used to finance terrorism.

Binance has played more of a front-line position in the larger scheme of things as it comes to keeping the entire digital currency ecosystem healthy and sanity from bad actors. In Binance’s role as a key watchdog overseeing bad actors, he has helped Axie Infinity’s Ronin Bridge recover up to $5.8 million that Lazarus Group attempted to launder earlier this year.

The Memorandum of Understanding with the Financial Supervisory Agency of Kazakhstan follows the trail of a similar one that was signed by Binance CEO, Chang Peng Zhao and the country’s president, Kassym-Jomart Tokayev, in May this year.

The extensive relationship that Binance is building with regulators around the world is benefiting the exchange as it has regained the trust of many who once labeled it unfit to operate within their borders. From France to Italy, Spain and even Kazakhstan, the commercial giant has landed approvals to operate its business in these regions and is looking to explore further partnerships in a bid to expand its broader regulatory reach.

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