Kazakhstan pilots USD-pegged stablecoin payments for regulatory fees
Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC.
Kazakhstan’s financial regulators have allowed license and supervision fees to be paid in USD-pegged stablecoins.
Kazakhstan’s Astana Financial Services Authority (AFSA), a designated financial authority for the Astana International Financial Centre (AIFC), has launched a project enabling AIFC members to pay regulatory fees in USD-pegged stablecoins.
The regulator announced on Thursday that the project was officially launched at the local event Astana Finance Days 2025, signing a related multilateral memorandum of understanding (MMoU) with the centralized crypto exchange (CEX) Bybit.