Bybit Kazakhstan Launches QR Payment Pilot for Digital Assets in 2025

Bybit Kazakhstan has initiated a QR-based digital asset payment pilot, marking a significant step in the evolution of the country's digital finance ecosystem. The project, developed in collaboration with the National Bank of the Republic of Kazakhstan and the National Payment Corporation of Kazakhstan, allows users to convert digital assets into tenge for seamless merchant transactions. This innovative payment solution represents a major advancement in cryptocurrency adoption and practical utility within traditional financial systems. The pilot program demonstrates how digital assets can be effectively integrated into everyday commerce, providing users with greater flexibility and accessibility while maintaining regulatory compliance. Bybit's collaboration with national financial institutions underscores the growing acceptance of cryptocurrency technologies by mainstream financial authorities. This development positions Kazakhstan as an emerging leader in digital asset innovation within Central Asia, potentially setting a precedent for other nations to follow. The QR payment system enables instant conversion of cryptocurrencies to local currency, eliminating previous barriers to crypto adoption in retail environments. As we move further into 2025, this initiative highlights the continuous evolution of cryptocurrency from speculative investment vehicles to practical financial tools that can enhance payment efficiency and financial inclusion. The successful implementation of this pilot could pave the way for broader cryptocurrency integration across various sectors of the Kazakh economy and beyond.

Bybit Kazakhstan Launches QR Payment Pilot for Digital Assets in 2025

Bybit Kazakhstan has initiated a QR-based digital asset payment pilot, marking a significant step in the evolution of the country's digital finance ecosystem. The project, developed in collaboration with the National Bank of the Republic of Kazakhstan and the National Payment Corporation of Kazakhstan, allows users to convert digital assets into tenge for seamless merchant transactions.

The exchange has formally applied to join the NBK's regulatory sandbox, underscoring its commitment to compliance and secure financial innovation. A live demonstration of the QR payment system is scheduled for October 2025 at the Digital Bridge Astana event, where real transaction scenarios will be showcased.

ApeX Protocol Launches Points Farming Campaign Ahead of Token Airdrop

ApeX Protocol, a decentralized derivatives exchange backed by Bybit, has initiated Season 1 of its points farming program. The 12-week campaign offers participants weekly distributions of 69 million APE points, convertible into the project's native tokens upon launch.

The platform supports perpetual futures, spot trading, and prediction markets. Participants must connect a Web3 wallet like MetaMask, deposit funds across supported networks, and actively trade to accumulate points. Trading volume directly correlates with reward allocation.

Bybit's involvement adds institutional credibility, following an undisclosed funding round with Dragonfly Capital and Mirana Ventures. The exchange previously hosted ApeX's IEO, signaling continued ecosystem support.