Bybit Kazakhstan and Biometric.Vision have announced a strategic partnership aimed at integrating advanced biometric technologies to streamline operations in the cryptocurrency sector. The agreement was signed during the Digital Bridge International Forum, a key platform for technology and innovation discussions in Kazakhstan.
Enhancing User Experience and Security
The collaboration focuses on accelerating user onboarding and improving the reliability of KYC/AML processes. By incorporating next-generation biometric solutions, Bybit Kazakhstan aims to provide clients with a safer and more convenient experience when interacting with digital assets under local regulatory frameworks.
“Bybit Kazakhstan continues to enhance the platform’s convenience and security for our users. Biometric technologies will not only speed up registration but also strengthen KYC/AML compliance. Our goal is to ensure users have complete confidence in their digital asset operations within the local regulatory environment,” said Abilaikhan Aubakirov, Regional Manager of Bybit Kazakhstan.
Strategic Focus and Innovation
Under the terms of the agreement, both companies will prioritize the deployment of cutting-edge biometric tools, designed to make digital asset transactions safer and more efficient. This initiative is expected to increase user trust and set new standards for convenience and security in Kazakhstan’s regulated crypto market.
“Fintech and the digital economy are major growth drivers for Kazakhstan. Leading global players are showing strong interest in local technology initiatives, highlighting the country’s potential as a regional innovation hub. Biometric.Vision has already established itself as a leader in AI and biometric solutions, and this partnership with Bybit Kazakhstan will elevate user convenience and security in regulated crypto operations,” stated Alibek Narimbaev, Founder of Biometric.Vision.
Regulatory Compliance
Bybit Kazakhstan operates under the supervision of the Astana Financial Services Authority (AFSA) and is licensed to manage regulated digital asset services, including trading platforms, custodial services, and investment activities. The company’s license (AFSA-A-LA-2024-0027) can be verified on the official AFSA website.
This partnership underscores the growing focus on innovation, security, and regulatory compliance in Kazakhstan’s digital asset sector.
