Bybit Receives In-Principle Approval to Operate in Kazakhstan

ASTANA, KAZAKHSTAN – Media OutReach – 29 May 2023 – Bybit, the world’s third most visited crypto exchange, has received in-principle approval by Kazakhstan’s Astana Financial Services Authority (AFSA). This latest approval highlights Bybit’s continued commitment to expanding its presence in emerging and dynamic markets.

The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion of the full application process. With this approval, Bybit will be allowed to operate a Digital Asset Trading Facility and provide Custody Services at the Astana International Financial Centre (AIFC) in Kazakhstan.

Kazakhstan is a gateway to the Commonwealth of Independent States (CIS), a fast-growing market that is rapidly embracing cryptocurrencies. The region has established itself as a hub for cryptocurrencies, mining, and blockchain development. Bybit recognizes the potential of this market and is excited to offer its services to customers in Kazakhstan and CIS.

“It has always been our primary objective to operate our business in compliance with relevant rules and regulations. Bybit firmly supports the regulatory objective of establishing a compliant, secure, and transparent cryptocurrency industry to benefit users.” said Ben Zhou, co-founder and CEO of Bybit. “We are delighted to receive an in-principle approval from AFSA. We believe in the promising potential of the CIS and are eager to open up our world-class trading platform for crypto enthusiasts in the region. We are committed to continuing to improve the cryptocurrency industry’s standards and provide a valuable experience to our customers.”

Bybit is committed to operating in line with regulatory frameworks and aspires to have a presence in the AIFC, which leads the way as a progressive fintech jurisdiction and provides a regulatory framework for crypto in CIS countries.

#Bybit / #TheCryptoArk

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit: https://www.bybit.com/

For updates, please follow: Bybit’s Communities and Social Media

https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit

For media inquiries, please contact: press@bybit.com

LEBANESE NEWSPAPERS’ HEADLINES FOR MAY 29, 2023

ANNAHAR: Hezbollah opens early fire against Azour AL-AKHBAR: Franjieh's opponents have decided to opt for confrontation ASHARQ AL-AWSAT: Rahi carries Azour's name to Paris after agreement between opposition, FPM to nominate him for Lebanese presidency

Source: National News Agency - Lebanon

Transport General Authority Emphasizes Importance of Adhering to Safety Requirements and Quality Standards in Serving Pilgrims

In line with the concerted efforts and preparations for this year, 1444 AH, Hajj season, the Transport General Authority has emphasized that buses servicing pilgrims who perform rituals at the Holy Kaaba must adhere to safety regulations and quality standards to ensure smooth and comfortable transportation for the pilgrims.

One may familiarize him/herself with the transportation requirements, particularly concerning specialized transportation, leasing and guidance of buses, through the official website of the authority: tga.gov.sa, which includes a guidebook with essential information on operating permits, operational age of buses, and the steps required to obtain licenses through the Transportation Portal. This guidebook is particularly relevant during the Hajj and Umrah seasons.

The authority also provides a Safety Guidebook for bus drivers, which is derived from its own regulations, as well as from other pertinent official regulations. The guidebook is based on international standards for bus drivers and aims to help them understand the general safety requirements they need to follow, provide guidance and raise awareness. The guidebook also outlines certain safety conditions that must be met and followed, and indicates the general requirements of drivers, driver skills, instructions for driving a bus, guidelines to ensure the safety of passengers, planning and monitoring during driving, as well as general tips for and rights of drivers

Source: Saudi Press Agency

Saudi Astronauts on Board ISS Conduct Interactive Experiment with School Students

Saudi astronauts Rayyanah Barnawi and Ali Al-Qarni have conducted an interactive scientific experiment on heat transfer with high school students in the Kingdom via satellite from the International Space Station (ISS). The experiment aims to motivate a new generation of Saudi leaders, explorers and scientists and achieve the goals of Saudi Vision 2030 by building human resources and promoting a culture of research, development and innovation.

Experiments are organized by the Saudi Space Commission (SSC) in partnership with the Communications, Space and Technology Commission (CST), and in cooperation with the Ministry of Education, the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), and Riyadh and Misk schools.

The experiment enabled students to communicate with the two astronauts for questions and to compare results in microgravity environment with results on Earth. The astronauts, along with the students, were able to measure the variation in the speed of heat transfer in the microgravity environment compared to that on Earth. The results showed that heat travels at a slower speed through space than on Earth.

Such experiments seek to heighten the students' interest in the fields of science, technology, engineering and mathematics (STEM) and grow human capital by attracting talent and developing the necessary skills, in order to boost the Kingdom's role in developing the space sector, become an important part of the global community in space science research and invest in research, in the service of humanity.

Source: Saudi Press Agency

The Popular Mobilization thwarts a terrorist plan to target civilians in western Anbar

The Popular Mobilization Authority announced today, Monday, that it had thwarted a terrorist plan to target civilians in western Anbar.

Commander of the Anbar Operations of the Popular Mobilization, Qassem Musleh, confirmed today, Monday, the thwarting of a criminal plan by the remnants of the terrorist “ISIS” to target civilians in Anah district, west of the province.

Musleh said, according to the media of the Popular Mobilization, that "the heroes of the Popular Mobilization, and based on accurate intelligence information, were able to thwart a criminal plan by the elements of the remnants of the terrorist ISIS who were aiming to target civilians in Anah district.

He added, "The plan was to place an explosive belt ready to detonate at the entrance to the district, and then use it afterwards to target civilian gatherings, but the vigilance and caution of our heroes thwarted the terrorist enemy's plans in their infancy."

Musleh reassured the people of Anbar that "the heroes of the Popular Mobilization Forces are making the precious sacrifice for the security and stability of the province."

Source: National Iraqi News Agency

Baghdad and Tehran discuss security protocol procedures between the two countries and border control

The National Security Adviser, Qassem Al-Araji, discussed with the Secretary of the Iranian National Security Council, Ali Akbar Ahmadian, the measures of the security record between Iraq and Iran, and ways to enhance the security of the two countries and control borders.

A statement by his media office stated that Al-Araji met, in Tehran, today, Monday, with the representative of the Supreme Leader and Secretary of the Iranian National Security Council, Ali Akbar Ahmadian.

At the beginning of the meeting, Al-Araji conveyed, according to the statement, the greetings of the Prime Minister, Muhammad Shiaa Al-Sudani, to Ali Akbar Ahmadian, on the occasion of assuming his duties as Secretary of the Iranian National Security Council, wishing him success in his new duties.

During the meeting, they discussed the procedures for the security record between Iraq and Iran, and ways to enhance the security of the two countries and control borders, in order to achieve stability in the region.

Al-Araji affirmed, according to the statement, the Iraqi government's determination to maintain and strengthen relations between Baghdad and Tehran, at all levels, noting that the security of Iran is the security of Iraq, and that the development of bilateral talks in the fields of security and economy is in the interest of the two countries.

Al-Araji indicated that his visit and the accompanying security delegation to Tehran is confirmation of the recent security protocol between the two countries, and that this agreement stems from our faith and belief that the stability and development of relations and development is the fruit of the stability of security between the two countries.

For his part, Ahmadian indicated that the security record between the two countries is like a road map, and that it guarantees the security and stability of the common borders of the two countries, and it is a prelude to cooperation in all fields, stressing his country's support for the Iraqi government, and its endeavor to deepen relations with neighboring and friendly Iraq.

The National Security Adviser, Qassem Al-Araji, arrived in Tehran today, Monday, at the head of a high-ranking security delegation, to complete the security protocol procedures between the two countries.

Source: National Iraqi News Agency