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Bybit crypto exchange receives pre-approval to operate in Kazakhstan's AIFC
Bybit, the 10th largest crypto exchange by volume and the 3rd most visited, has received in-principle approval from Kazakhstan's Astana Financial Services Authority (AFSA), according to an announcement published Monday. The pre-approval means that once Bybit fulfills the necessary conditions to complete their full application process, they will receive a permanent license from the AFSA, enabling them to operate a Digital Asset Trading Facility and provide Custody Services at the Astana International Financial Centre (AIFC). "We are delighted to receive an in-principle approval from AFSA,” said Ben Zhou, ... (full story)