AIFC expands instruments in the field of cryptocurrencies

Date: 20.03.2024

On March 13, 2024, a notice from the AIFC Financial Services Regulatory Committee was published, containing a new approach to digital asset services.

The document provides an opportunity for all participants of the Fintech Lab, including persons licensed by the AIFC to carry out activities related to digital assets, to test some tools in the field of cryptocurrencies, namely:

The first is the most popular P2P tool.
The second is derivatives trading.
Third is margin trading.
Fourth – over-the-counter trading.
Fifth is NFT trading.
Sixth, providing a loan against cryptocurrencies.
Seventh, maintaining a liquidity pool.
Eighth – staking services and other issues.
This means that in the near future all the necessary tools will be available on Kazakh platforms for working with crypto assets.
Therefore, you can find all the popular instruments that are available on illegal global exchanges on Kazakhstani ones.
On Kazakhstan exchanges, your savings are less susceptible to negative risks.