Bybit’s VARA licence from Dubai regulator covers spot, not derivatives
Photo: The Cryptonomist
Bybit ’s VARA licence covers spot trading in Dubai, while its plans to offer derivatives still require separate regulatory approval. The company publicized the approval on October 22, 2026, but VARA’s public licensing register records June 20, 2026, as the issue date for the licence held by Bybit Fintech FZE. Key takeaways Bybit Fintech FZE is licensed for spot exchange services in Dubai. The authorization permits retail, qualified and institutional clients. Derivatives remain subject to additional regulatory approval.
Source: The Cryptonomist
