Bybit Kazakhstan and AFSA Pioneer Stablecoin Payments for AIFC Regulatory Fees

Bybit Kazakhstan and AFSA Pioneer Stablecoin Payments for AIFC Regulatory Fees

/PRNewswire/ -- Bybit Kazakhstan (Bybit Limited), a subsidiary of Bybit - the world's second-largest cryptocurrency exchange by trading volume, today announced...

Kazakhstan trials USD stablecoins for regulatory fee payments

Months after publishing its rulebook, Kazakhstan’s AFSA is putting its stablecoin regime to work. The regulator is now accepting license and supervision fees in U.S. dollar-pegged digital assets through a select group of agents. According to a press release dated…

Kazakhstan’s AFSA To Adopt Stablecoins for Regulatory Fees - Invest In Crypto News

Kazakhstan’s financial regulators have allowed license and supervision fees to be paid in USD-pegged stablecoins. Kazakhstan’s Astana Financial Services Authority (AFSA), a designated financial authority for the Astana International Financial Centre (AIFC), has launched a project enabling AIFC members to pay regulatory fees in USD-pegged stablecoins. The regulator announced on Thursday that the project was officially launched at the local event …

Kazakhstan Tests USD-Pegged Stablecoin for Regulatory Fee Payments

Kazakhstan is making significant strides in integrating cryptocurrencies into its financial framework by introducing a new regulatory fee policy for USD stablecoins. The country’s authorities aim to streamline digital asset operations while strengthening their stance on cryptocurrency regulation amid growing global interest in blockchain technology and DeFi platforms. New Regulations on USD Stablecoins In a recent move, Kazakhstan’s financial re…

Kazakhstan pilots USD-pegged stablecoin payments for regulatory fees

Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC.