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Bybit Kazakhstan and Bank CenterCredit: A New Step Towards Crypto and Traditional Finance Integration

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by Giorgi Kostiuk

2 days ago


Bybit Kazakhstan collaborates with Bank CenterCredit to open a direct fiat transaction channel, allowing users to transact in Kazakhstani Tenge. This partnership aims to simplify and secure the crypto transaction process in Kazakhstan.

New Fiat Channel

This new channel will allow users to fund and withdraw their accounts directly from their bank accounts in Tenge, speeding up the transaction process and ensuring greater transparency.

Fintech Collaboration

The collaboration between Bybit Kazakhstan and Bank CenterCredit aims to advance digital finance in Kazakhstan. Utilizing BCC's robust fintech infrastructure, the partnership will support the integration of crypto services with traditional financial systems.

Local Integration and Growing Interest

Bybit Kazakhstan is actively working towards AFSA licensing and integrating various local payment methods. The launch of the fiat channel highlights the growing interest in blockchain technology and digital assets within the country.

The partnership between Bybit Kazakhstan and Bank CenterCredit marks a significant step towards integrating cryptocurrency services into the traditional financial system, fostering the development of digital finance in Kazakhstan.

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