Bybit Secures VARA Licence for Exchange Services in Dubai

Bybit has announced that its entity, Bybit Fintech FZE, has received a Virtual Asset Service Provider licence from Dubai's Virtual Assets Regulatory Authority. This approval covers spot trading and underscores Bybit's commitment to compliance and supporting the digital asset ecosystem in Dubai. Having established its international headquarters in the city in 2022, Bybit is focused on expanding within established regulatory frameworks.

Ben Zhou, Co-founder and CEO of Bybit, praised Dubai's progress in constructing a regulatory environment for virtual assets. The company aims to expand its licensed activities to include derivatives in the future. Bybit's regulatory advancements in 2026 also include licences approved across the EU, Cayman Islands, Indonesia, South Africa, and El Salvador. These efforts highlight Bybit's focus on regulatory compliance and building trust with users.