Bybit Kazakhstan Partners with AIFC for Digital Asset Investment Recognition
- On October 14, Bybit Kazakhstan signed a memorandum with AIFC Markets Ltd. to facilitate digital asset investments.
- The agreement allows eligible investments through Bybit to be verified under the AIFC’s Investment Tax Residency Programme (ITRP).
- Participants can apply for Kazakhstan tax residency and an investor visa if they meet investment criteria.
- An automated mechanism will be used for verifying qualifying digital asset investments on the licensed platform.
- This initiative is aimed at attracting international capital and enhancing Kazakhstan’s investment infrastructure.
The partnership represents a significant step in integrating digital assets into Kazakhstan’s regulatory framework, making it easier for foreign investors to participate in the ITRP.
With this memorandum, Bybit Kazakhstan aims to provide a secure platform for building digital asset portfolios recognized within the AIFC framework, enhancing investment opportunities for international investors.
