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Bybit Secures Crypto Trading, Custody Services License in Kazakhstan


by CoinEdition
  • Bybit obtains a license for digital asset trading and custody services in Kazakhstan.
  • The AFSA authorization allows Bybit to strengthen its presence in the CIS market.
  • Bybit recently unveiled an AI tool that offers personalized product recommendations.

Bybit, the third most visited crypto exchange, has achieved a significant milestone in its global expansion efforts. On June 7, 2023, the firm announced that it had been granted a license to operate a digital asset trading facility and provide custody services by the Astana Financial Service Authority (AFSA) in Kazakhstan.

This authorization positions Bybit as an Authorized Market Institution within the Astana International Financial Centre.

Expressing enthusiasm about the achievement, Ben Zhou, Bybit co-founder and CEO, shared the message emphasizing the significance of the license for the firm’s growth in the Commonwealth of Independent States (CIS) and nearby regions. Zhou stated:

Bybit has officially gained the digital asset trading facility and custody license from AFSA Kazakhstan. With this license, Bybit will grow our influence and impact in the CIS and nearby regions.

The post Bybit Secures Crypto Trading, Custody Services License in Kazakhstan appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsBybit Secure...

Bybit Secures Crypto Trading, Custody Services License in Kazakhstan


by CoinEdition
  • Bybit obtains a license for digital asset trading and custody services in Kazakhstan.
  • The AFSA authorization allows Bybit to strengthen its presence in the CIS market.
  • Bybit recently unveiled an AI tool that offers personalized product recommendations.

Bybit, the third most visited crypto exchange, has achieved a significant milestone in its global expansion efforts. On June 7, 2023, the firm announced that it had been granted a license to operate a digital asset trading facility and provide custody services by the Astana Financial Service Authority (AFSA) in Kazakhstan.

This authorization positions Bybit as an Authorized Market Institution within the Astana International Financial Centre.

Expressing enthusiasm about the achievement, Ben Zhou, Bybit co-founder and CEO, shared the message emphasizing the significance of the license for the firm’s growth in the Commonwealth of Independent States (CIS) and nearby regions. Zhou stated:

Bybit has officially gained the digital asset trading facility and custody license from AFSA Kazakhstan. With this license, Bybit will grow our influence and impact in the CIS and nearby regions.

The post Bybit Secures Crypto Trading, Custody Services License in Kazakhstan appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Coinbase Welcomes Competition in Crypto as Institutional Adoption Redefines Global Finance

Coinbase Welcomes Competition in Crypto as Institutional Adoption Redefines Global Finance

Coinbase’s CEO is urging companies to dive into crypto’s explosive growth, championin...
Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk

Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk

Coinbase unleashes a game-changing Bitcoin Yield Fund, offering powerful returns with...