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CodeCoin Announces Official Approval of Stablecoin License at 2026 AFD, Marking Another Milestone in Its Global Payment Infrastructure Expansion

  • APAC - Traditional Chinese

News provided by

CodeCoin

15 Sep, 2026, 11:07 CST

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ASTANA, Kazakhstan, Sept. 15, 2026 /PRNewswire/ -- The global payment technology company CodeCoin made its debut at Astana Finance Days 2026. The founder, Benny, announced that CodeCoin had obtained the AFSA stablecoin issuance license. During the event, CodeCoin signed a Memorandum of Understanding (MOU) with Altyn Bank, and representatives from institutions such as Mastercard, Citibank, and China International Capital Corporation witnessed the signing.

The digital currency issuance license marks an important step in CodeCoin's global compliance strategy. Benny said the company has placed compliance and real payment needs at the center of its approach from the outset. CodeCoin aims to combine regulatory authorization, established financial infrastructure and payment technology to address persistent challenges in cross-border payments, including cost, timeliness, transparency and availability. The company plans to advance relevant operations within Kazakhstan's regulatory framework while incorporating risk management, fund security and transaction traceability into its products and operations.

In his address, Benny said businesses operating across borders can still face long settlement cycles, multiple intermediaries, restricted service hours and limited visibility into the status of funds. CodeCoin's product focus is to move money more safely, efficiently and predictably within a compliant framework, using clearer payment routes and transaction records to support international trade, supplier payments, corporate settlement and multi-currency treasury needs.

CodeCoin positions itself as a provider of multi-currency payment infrastructure for businesses and individuals worldwide. Its services target corporate, merchant and cross-border remittance cases, with the goal of simplifying cross-border settlement, reducing foreign-exchange and intermediary friction, and providing more flexible payment paths for markets with insufficient coverage by traditional finance. The company plans to use regulatory authorization and financial-institution partnerships as the basis for payment products that enterprises can use in daily business.

Security and risk management are also central to CodeCoin's public positioning. The company says its information security management system achieved ISO/IEC 27001 certification in April 2026. It also incorporates fund segregation, auditable payment processes, traceable transaction records, compliance controls and anti-money-laundering frameworks into its operations. CodeCoin's approach is that speed, transparency and regulatory alignment must develop together to support sustainable global payment services.

CodeCoin is also exploring payment requirements for an AI-agent economy. Benny said that as AI agents become able to execute tasks, call services and complete commercial transactions, payment permissions, digital identity, accountability and transaction records will become essential infrastructure. AI agents should operate within company-defined spending limits, approved counterparties, time windows and authorization rules, with every payment linked to a clear identity and audit trail. "The real issue isn't trusting the software; it's about who takes the blame. The company is always responsible, never the code," he said.

Hong Kong is CodeCoin's operating base and headquarters. The company is developing compliance and business networks across markets through banking partners, corporate clients, merchants and payment corridors. Systems previously built and operated by members of its management team reached more than 70 countries and served over one billion users. Those figures describe the team's prior experience rather than CodeCoin's current direct market coverage. The company has also outlined a CodeCoin Card offering for its ecosystem with support for Visa, JCB and UnionPay networks.

The Altyn Bank (Subsidiary Bank of China CITIC Bank Corporation Limited) MOU is an important step in deepening CodeCoin's local financial cooperation in Kazakhstan. The cooperation will draw on Altyn Bank (Subsidiary Bank of China CITIC Bank Corporation Limited)'s local banking network as the parties explore opportunities in fintech, cross-border payments, digital finance and related applications. Representatives from Mastercard, Citi, CICC and other AFD participants witnessed the signing, reflecting industry attention to regional finance and cross-border payment connectivity.

Kazakhstan occupies an important position connecting China, Central Asia and European markets. CodeCoin has already developed cooperation in the country. Its official news center reports that in June 2026 the company signed a strategic cooperation MOU with the Alatau City Authority State Fund to support cross-border digital payment infrastructure linking the Guangdong-Hong Kong-Macao Greater Bay Area and Central Asia. The digital currency issuance license and latest banking cooperation strengthen the company's pivotal role in the international strategy of Kazakhstan.

Going forward, CodeCoin plans to build around compliance and cross-border payments while developing products and partnerships in corporate payments, international trade settlement, AI-agent payments and multi-currency fund movement. By coordinating banking systems, regulatory frameworks and payment technologies, the company aims to bring new payment services into everyday enterprise operations and use Kazakhstan as an important hub connecting Central Asian and Eurasian markets.

SOURCE CodeCoin

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