KAZAKHSTAN

EQS-News: Bybit Receives In-Principle Approval to Operate in Kazakhstan

Retrieved on: 
Thursday, June 1, 2023

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).

Key Points: 
  • 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).
  • 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.
  • Bybit recognizes the potential of this market and is excited to offer its services to customers in Kazakhstan and CIS.

JYSAN HOLDINGS FILES FEDERAL LAWSUIT AGAINST KAZAKH GOVERNMENT IN NEVADA TO HALT CAMPAIGN TO EXPROPRIATE EDUCATION FUNDS

Retrieved on: 
Thursday, February 16, 2023

The Nevada lawsuit asserts claims of expropriation under international law, violations of the federal RICO statute as well as claims under Nevada state law for wrongful tortious conduct and civil conspiracy.

Key Points: 
  • The Nevada lawsuit asserts claims of expropriation under international law, violations of the federal RICO statute as well as claims under Nevada state law for wrongful tortious conduct and civil conspiracy.
  • The lawsuit seeks injunctive and declaratory relief as well as compensatory and punitive damages for the defendants' illegal conduct.
  • A spokesman for Jysan Holding LLC said:
    "We are deeply concerned by the Government of Kazakhstan's attempts to expropriate funds from Western-oriented educational institutions.
  • (D. Nevada)
    New Generation Foundation (NGF) is the sole owner of Jysan Holding, LLC (JH), a Nevada limited liability company.

JYSAN HOLDINGS FILES FEDERAL LAWSUIT AGAINST KAZAKH GOVERNMENT IN NEVADA TO HALT CAMPAIGN TO EXPROPRIATE EDUCATION FUNDS

Retrieved on: 
Thursday, February 16, 2023

The Nevada lawsuit asserts claims of expropriation under international law, violations of the federal RICO statute as well as claims under Nevada state law for wrongful tortious conduct and civil conspiracy.

Key Points: 
  • The Nevada lawsuit asserts claims of expropriation under international law, violations of the federal RICO statute as well as claims under Nevada state law for wrongful tortious conduct and civil conspiracy.
  • The lawsuit seeks injunctive and declaratory relief as well as compensatory and punitive damages for the defendants' illegal conduct.
  • A spokesman for Jysan Holding LLC said:
    "We are deeply concerned by the Government of Kazakhstan's attempts to expropriate funds from Western-oriented educational institutions.
  • (D. Nevada)
    New Generation Foundation (NGF) is the sole owner of Jysan Holding, LLC (JH), a Nevada limited liability company.

EQS-News: CrimsonLogic Signs Milestone MOU To Establish a Digital Trade Corridor To Promote Asia-Europe Trade Routes

Retrieved on: 
Tuesday, November 30, 2021

The proposed Digital Trade Corridor initiative will serve the Trans-Caspian International Transport Route, which starts from Southeast Asia and China, through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and beyond to Europe.

Key Points: 
  • The proposed Digital Trade Corridor initiative will serve the Trans-Caspian International Transport Route, which starts from Southeast Asia and China, through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and beyond to Europe.
  • This initiative will facilitate better B2B2G trade regulatory compliance and improves global trade connectivity digitally.
  • KTZ Express will be the flagship logistics operator for this integrated Digital Trade Corridor for Kazakhstan and Central Asia.
  • With this new Digital Trade Corridor, it will make it easier to facilitate trade via the Trans-Caspian International Transport Route, providing shippers and carriers more options, especially to land-locked countries.