Bybit Confirms Securing VASP License from VARA for Spot
Photo: Coinfomania
Bybit news: Bybit Fintech FZE secures VASP license from VARA for spot trading. This expansion could enhance market confidence. Bybit has announced that its Dubai entity, Bybit Fintech FZE, has successfully secured a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This license will enable Bybit to offer spot trading services, marking a significant step for the exchange in the UAE market. This development could enhance investor confidence in Bybit as a compliant trading platform in a rapidly evolving regulatory landscape, as noted in a tweet by @WuBlockchain.
Source: Coinfomania
