Bybit Kazakhstan Partners with AIFC to Enhance Digital Asset Investment Recognition

Bybit Kazakhstan has officially signed a Memorandum of Cooperation (MoC) with AIFC Markets Ltd., enhancing the recognition of digital asset investments made through its platform. This agreement facilitates a streamlined process for qualified investors to have their digital asset investments verified under the AIFC’s Investment Tax Residency Programme (ITRP).

The ITRP is designed to attract foreign investors by offering tax residency and investor visas in exchange for investments made through the AIFC infrastructure. This initiative already recognizes investments in digital assets made through licensed platforms, and Bybit Kazakhstan's involvement marks a significant step in expanding these opportunities.

According to Ablaikhan Aubakir, Country Manager at Bybit Kazakhstan, this partnership provides investors with a clear path to building their digital asset portfolios on a licensed platform while ensuring these investments are recognized within the AIFC framework. Bakhtiyar Tleubekov, Chairman of the AIFC Authority, emphasized that integrating digital assets into the ITRP is crucial for advancing Kazakhstan's investment infrastructure and attracting international capital.

The memorandum builds on Bybit Kazakhstan's ongoing collaboration with the AIFC, as the company continues to develop regulated digital asset infrastructure in the region. The partnership is expected to open new avenues for international investors looking to engage with Kazakhstan's growing digital asset market.