First Universal Digital Exchange Registered In Kyrgyzstan

by Coinworldstory

The Envoys Vision Digital Exchange Is Registered In Full Compliance With The Legislation Of Kyrgyzstan. She Received A License From The Regulator To Organize Trading In The Securities Market And Depository Activities.

As The Chairman Of The Board Of The Exchange Almazbek Shabdanov Told The Press , The Site Will Provide An Opportunity To Conduct Operations With Both Traditional Financial Assets (Stocks, Bonds) And Digital (Cryptocurrencies, Tokenized Securities, Etc.). Customers Will Be Able To Sell And Buy Financial Assets Using Cryptocurrencies And Fiat Money.

The Envoys Vision Digital Exchange Will Also Provide Investors With Defi Tools, Allowing Them To Invest In Liquidity Pools, Staking And Pharming. Taking Into Account The Specifics Of The Legislation Of Kyrgyzstan And The Position Of The National Bank Of The Country In Relation To Digital Assets, At The Initial Stage Of Development, The First Crypto Exchange Is Likely To Be An Additional Section Within The Kyrgyz Stock Exchange.

Almazbek Shabdanov Stressed That The Activities Of The Envoys Vision Digital Exchange Will Allow Domestic And Foreign Companies To Enter The Stock Exchange And Raise Capital For The Implementation Of Their Projects From Local And Foreign Investors.

It Is Not Yet Clear How Soon The Universal Digital Exchange Of Kyrgyzstan Will Start Working Directly And To What Extent The Words Of Its Chairman Correspond To The Actual Capabilities Of The Exchange For Working With Cryptoassets.

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