The post Stablecoins Enter Regulation: Bybit Kazakhstan Backs AIFC Fee Payments appeared on BitcoinEthereumNews.com.

TLDR: Bybit Kazakhstan and AFSA now allow AIFC participants to settle regulatory fees with USD-pegged stablecoins. The move follows AFSA’s new framework that lets digital asset providers act as agents for stablecoin settlements. Bybit became the first signatory of the MMoU at Astana Finance Days, reinforcing its compliant crypto role. The partnership brings efficiency through Bybit QR Pay and a dedicated stablecoin wallet for fee transactions. The rules of digital finance are shifting once more. Kazakhstan has now opened the door to regulated stablecoin payments. Bybit Kazakhstan and the Astana Financial Services Authority (AFSA) are working together to make this happen.  Their agreement allows participants in the Astana International Financial Centre (AIFC) to pay regulatory fees using U.S. dollar–pegged stablecoins. It’s a move that connects crypto utility directly with financial oversight. Stablecoin Payments Integrated Into AIFC Fee System According to a press release shared by Bybit, the collaboration builds on AFSA’s new framework for digital asset providers. This framework gives licensed service providers permission to act as agents for regulatory fee payments via stablecoins. Bybit Kazakhstan quickly became the first exchange to sign the multilateral memorandum of understanding that launched the system. The deal was unveiled during Astana Finance Days, a gathering that often sets the tone for Kazakhstan’s financial sector. Bybit announced that it would deliver a customized Bybit QR Pay solution alongside a dedicated stablecoin wallet for AFSA. That setup is designed to handle invoicing, provide transparency, and reduce manual processes. Mazurka Zeng, Chief Operating Officer at Bybit, described the step as a milestone.  She said it reflected AFSA’s forward-looking approach while showing confidence in Bybit’s ability to handle compliant and secure solutions. Her remarks framed the partnership as part of building a working structure for stablecoin-based finance. AFSA’s Chief Executive Officer Evgeniya Bogdanova added that stablecoins are…

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Filed under: News - @ September 6, 2025 10:25 am