CandleFocus Bybit Secures Full Crypto License in Kazakhstan, Targets CIS Expansion
2024-09-27
Author: Content Editor
Cryptocurrency exchange Bybit has been granted a full license approval by the Astana Financial Service Authority (AFSA) in Kazakhstan. This approval allows Bybit to offer digital asset trading, custody services, and investment management in Kazakhstan and the Commonwealth of Independent States (CIS). Bybit plans to launch its services in October 2024 under the domain "bybit.kz" and will offer spot and derivatives trading, margin trading, and crypto loans. The move reflects Bybit's focus on expanding into markets with favorable regulatory environments and increasing crypto adoption. Bybit aims to provide local traders with access to advanced tools and services in the fast-growing crypto industry.
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