Bybit Kazakhstan Partners with AIFC to Enhance Digital Asset Investment Recognition
- On October 14, Bybit Kazakhstan signed a memorandum with AIFC Markets Ltd. for digital asset investment recognition.
- Eligible investments through the Bybit platform can now be verified under the Investment Tax Residency Programme.
- Foreign investors can apply for Kazakhstan tax residency and an investor visa by investing through the Astana International Financial Centre.
- The program aims to simplify the investment process using an automated mechanism for confirming eligible investments.
- Ablaykhan Aubakir, Bybit’s Country Manager, emphasized the importance of a regulated environment for digital assets in Kazakhstan.
This partnership marks a significant step in integrating digital assets into Kazakhstan’s financial ecosystem, expanding tools to attract international capital and enhancing investor opportunities within the AIFC framework.
With this new memorandum, foreign investors can confidently build their digital asset portfolios on a licensed platform while ensuring recognition under local regulations.(Source)
