Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit’s approval in Kazakhstan boosts investor confidence.
The recognition validates Bybit’s commitment to robust security measures.
Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia.

JUST IN: #Bybit received preliminary approval in Kazakhstan as a #cryptocurrency custody service provider.
— Coingraph | News (@CoingraphNews) May 29, 2023

Kazakhstan has emerged as a proactive nation in embracing blockchain technology and cryptocurrencies. In addition, the country has recognized the potential of cryptocurrencies to drive economic growth and innovation, leading to the formulation of progressive regulatory frameworks. Evenmore, by welcoming cryptocurrency businesse

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