Bybit Receives In-principle Approval for Cryptocurrency Business in Kazakhstan

Planning to expand services to former Soviet Union countries Crypto asset (virtual currency) exchange Bybit announced on the 26th that it has received approval in principle for operations from the local authorities in Kazakhstan. In the future, once the application process is completed, it will also be allowed to operate a cryptocurrency exchange and provide custody services at the Astana International Financial Center (AIFC) in Kazakhstan. Bybit CEO Ben Zhou commented: We are pleased to have received approval in principle from the Astana International Financial Centre. We believe in the potential of the Commonwealth of Independent States (CIS) and are