Kazakhstan pilots payment of regulatory fees with a USD-pegged stablecoin

Jinse Finance reported that Kazakhstan's financial regulatory authority has allowed license fees and regulatory fees to be paid using stablecoins pegged to the US dollar. The Astana Financial Services Authority (AFSA), the designated financial institution of the Astana International Financial Centre (AIFC), has launched a project allowing AIFC members to pay regulatory fees using stablecoins pegged to the US dollar.