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Bybit secures license for crypto exchange services in Dubai

Bybit secures license for crypto exchange services in Dubai

Photo: CoinGeek

By James Field , Author. Senior writer and researcher focusing on legal and regulatory developments in the fintech space. TL;DR: Bybit announced on October 22 that it secured a VARA license for exchange services in Dubai, dated June 20, though one report says the register still showed “Pending.” The approval ends a four-year process and follows its UAE federal license, as Bybit rebuilds trust after its $1.5 billion hack in 2025 and eyes derivatives next.

Source: CoinGeek

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