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Kazakhstan Pilots Payment of Regulatory Fees in a USD Stablecoin

By: theblockbeats.news|2025/09/05 15:12:32

BlockBeats News, September 5th, according to Cointelegraph, the Kazakhstan financial regulatory agency has allowed payment of licensing and regulatory fees in USD-pegged stablecoins.

The Astana Financial Services Authority (AFSA) of Kazakhstan, as the designated financial regulatory authority of the Astana International Financial Center (AIFC), has launched a project that enables AIFC members to use USD-pegged stablecoins to pay regulatory fees.

The regulatory agency announced on Thursday at the local event "Astana Finance Days 2025" that the project has been officially launched and has signed a relevant Multilateral Memorandum of Understanding (MMoU) with the centralized cryptocurrency exchange platform Bybit.

If Bitcoin drops below $110,000, the mainstream CEX long liquidation pressure will reach $977 million

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