Bybit has officially submitted its application for a Virtual Asset Trading Operator (VATP) license to the Hong Kong Securities and Exchange Commission (SFC), according to the regulator's official website. The SFC's website reveals that over 14 business entities have applied for the VATP license, with Bybit being the most recent ...
Bybit has achieved a significant growth milestone as it surpasses 20 million registered users, the crypto exchange announced in an official statement released on Tuesday, November 28, 2023. The Dubai-based exchange, founded in 2018, has rapidly grown to become one of the world's largest crypto trading platforms. The exchange attributes ...
In a surprising turn of events, Bybit has announced the suspension of its services in the United Kingdom (UK). Starting from October 1, 2023, the exchange will cease onboarding new users residing in the UK. Existing users in the region are expected to wind down their positions on the exchange ...
Bybit has announced that it will continue to seek options to maintain its presence in the United Kingdom even as a new regulation regime for virtual assets comes into effect in October 2023. In a post on X, the crypto exchange highlighted that the UK is "a highly important market ...
Bybit FinTech FZE, a subsidiary of Bybit, has achieved another milestone in its quest to establish its operations in the United Arab Emirates. On June 27, 2023, the exchange announced that it had obtained the Minimum Viable Product (MVP) Preparatory Licence from Dubai's Virtual Assets Regulatory Authority (VARA). This new ...
Bybit has obtained a license to operate as a digital asset exchange and offer custody service in Cyprus. This development paves the way for Bybit to introduce a range of trading options that cover both cryptocurrency and fiat currency pairs. Additionally, the exchange will offer a variety of crypto-related financial ...
ByBit has integrated artificial intelligence (AI) into its product offerings in a bid to offer users a range of innovative trading tools for better experiences during cryptocurrency trading. The Dubai-based cryptocurrency exchange recently announced ToolsGPT, a platform that combines ChatGPT's machine learning engine with market data to provide traders with ...
Bybit has obtained preliminary approval from the Astana Financial Services Authority (AFSA) in Kazakhstan to operate as a digital asset trading platform and custody service provider within the country. The "in-principle" approval subjects Bybit to pre-conditions that, if met, will result in permanent license to begin service locals after the ...
Dubai-based cryptocurrency exchange, ByBit, has announced the launch of its internal cryptocurrency lending service. This service allows users to deposit cryptocurrency and receive interest payments. 📣 We are excited to announce the launch of #Bybit Lending! You can now earn hourly interest of up to 16.46% on your idle assets. ...
The Japanese Financial Services Agency (FSA) has issued a warning letter to four foreign cryptocurrency exchanges, including Bybit, for operating in the country without proper registration. The other three crypto exchanges affected are BitForex, MEXC Global, and Bitget. According to the letter published by the regulator on Friday, March 31, ...
