Business Daily Media

The Times


.

Bybit Receives In-Principle Approval to Operate in Kazakhstan

ASTANA, KAZAKHSTAN - Media OutReach - 29 May 2023 - Bybit, the world's third most visited crypto exchange, has received in-principle approval by Kazakhstan's Astana Financial Services Authority (AFSA). This latest approval highlights Bybit's continued commitment to expanding its presence in emerging and dynamic markets.



The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit's completion of the full application process. With this approval, Bybit will be allowed to operate a Digital Asset Trading Facility and provide Custody Services at the Astana International Financial Centre (AIFC) in Kazakhstan.

Kazakhstan is a gateway to the Commonwealth of Independent States (CIS), a fast-growing market that is rapidly embracing cryptocurrencies. The region has established itself as a hub for cryptocurrencies, mining, and blockchain development. Bybit recognizes the potential of this market and is excited to offer its services to customers in Kazakhstan and CIS.

"It has always been our primary objective to operate our business in compliance with relevant rules and regulations. Bybit firmly supports the regulatory objective of establishing a compliant, secure, and transparent cryptocurrency industry to benefit users." said Ben Zhou, co-founder and CEO of Bybit. "We are delighted to receive an in-principle approval from AFSA. We believe in the promising potential of the CIS and are eager to open up our world-class trading platform for crypto enthusiasts in the region. We are committed to continuing to improve the cryptocurrency industry's standards and provide a valuable experience to our customers."

Bybit is committed to operating in line with regulatory frameworks and aspires to have a presence in the AIFC, which leads the way as a progressive fintech jurisdiction and provides a regulatory framework for crypto in CIS countries.

Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit:

For updates, please follow:










News from Asia

Asia to add 700+ million middle-class adults by 2036 as e-commerce moves beyond cards, WDL and EBANX find

Joint study shows emerging markets will generate 60% of new online spending over the next decade — most of it from consumers without a credit cardSINGAPORE – Media OutReach Newswire – 21 October 2...

Solcis launches open compliance layer for AI agents on NVIDIA OpenShell

Solcis extends open security guardrails such as NVIDIA OpenShell and Microsoft’s AGT with the controls compliance professionals need, in a platform built to be self-hosted.SINGAPORE – Media OutRea...

Doremi3babies 10th Anniversary: Featured Caraz Play Mats, with 10% Off First Purchases and Free Home Delivery for Taiwan Members

Play mats, playpen fences and bumper beds in one place — new members get 10% off their first Caraz purchase, with every item in the Taiwan store duty-free and delivered free to the doorTAIPEI, TAIW...

Cross-Sector Collaboration For World Sight Day: Orbis, HKOS, Southern District Office, and Southern District Care Team Jointly Launch "Southern District Eye Care Day" - Calling on the Next Generation to Accompany and Protect Senior Vision

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – To mark the annual World Sight Day, international sight-saving organization Orbis, in partnership with the Hong Kong Ophthalmological So...

New Documentary Beyond Engineering: Guardians of Flight to Debut October 23 on Discovery Channel in Southeast Asia

SINGAPORE – Media OutReach Newswire – 21 October 2026 – Discovery Channel's Beyond Engineering: Guardians of Flight premieres on Friday, October 23. This new documentary highlights Taiwan-...

7-Eleven Malaysia Brings 20-Year Vision for Inclusive Employment with New CAFé by 7-Eleven at Universiti Malaya

Inspired by a personal rehabilitation experience, the initiative builds on a long-standing vision to connect rehabilitation with workplace exposure and potential employment opportunities for person...

MindFlex Education: A Home Tutor Costs Singapore Families a Median of S$390 a Month, Rising from S$325 at Primary to S$553 at Junior College

MindFlex Education’s 7-year study of more than 100,000 home tuition arrangements shows what families actually pay, who they hire, and when they look for helpSINGAPORE – Media OutReach Newswire – 2...

"Intelligent Computing Empowers a Shared Future": China Telecom Global and HKUST Establish Joint Laboratory on AI for Telecommunications

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – China Telecom Global (CTG) and The Hong Kong University of Science and Technology (HKUST) have held the signing ceremony for the HKUST–C...

Lee Kum Kee Sauce Supports Next Generation of Hong Kong Sailers at HKODA Open & National Championships 2026

A heritage Hong Kong brand backs local youth sailing and healthy livingHONG KONG, CHINA – Media OutReach Newswire – 21 October 2026 – Lee Kum Kee Sauce ("Lee Kum Kee") sponsored the HKODA Open &am...

GoImpact’s Green Tech Summit returns for its third year to turn cross-sector dialogue into action

The annual flagship program builds on the success of its first two editions, bringing global experts together around an agenda shaped by the green transition's most urgent challenges and opportunit...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...