Bybit Secures UAE Crypto License

[cryptoenthusiast]

Cryptocurrency exchange Bybit has obtained a Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority, eight months after receiving in-principle approval. The license allows Bybit to offer its global services in the UAE.

[Rimon Khan]

Finally! Bybit’s UAE license means they’re officially in the top tier of global exchanges now.

[Abdul Khan]

Regulatory licenses like this one take years to earn. It’s a strong sign of how serious Bybit is about its future.