Bybit Receives License to Operate Digital Asset Trading Facility and Provide Custody Service in Kazakhstan
We are pleased to announce that On June 7, 2023, the Astana Financial Service Authority (AFSA), the regulator of the Astana International Financial Centre, granted Bybit the license for Operating a Digital Asset Trading Facility and Providing Custody as an Authorized Market Institution.
The authorization follows the in-principle approval by AFSA, as Bybit ramps up efforts to strengthen the crypto exchange’s presence in the Commonwealth of Independent States market in full compliance with the local regulatory regime.
We believe it is not only possible but imperative for responsible digital asset service providers to provide the necessary guardrail and a level of transparency investors have come to expect of us, and we endeavor to increase access to our state-of-the-art trading and custodial services to millions of users worldwide.
Please read the following message from Ben Zhou, our co-founder, and CEO:
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. pic.twitter.com/VEQrhJQC01
— Ben Zhou (@benbybit) June 7, 2023
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
