Bybit Kazakhstan and AFSA Lead Stablecoin Payments for AIFC Regulatory Fees

Bybit Kazakhstan, a subsidiary of Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with the Astana Financial Services Authority (AFSA) to pioneer stablecoin payments for regulatory fees within the Astana International Financial Centre (AIFC). This initiative follows AFSA’s pioneering framework that allows licensed digital asset service providers to act as agents for settling fees through stablecoins. Bybit Limited became the first signatory of the multilateral memorandum of understanding (MMoU), further cementing its reputation as a trusted and compliant partner in Kazakhstan’s dynamic digital finance ecosystem.