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Bybit moves global HQ to Dubai from Singapore | bybit, uae, dubai, singapore, virtual assets, cryptocurrency, regulation

by Sara Velezmoro
April 9, 2022
in Finance
Reading Time: 1 min read
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Digital property platform, Bybit, has introduced the relocation of its international headquarters from Singapore to Dubai, simply two weeks after the emirate authorized a brand new Digital Asset Regulation Regulation to formalise exercise within the sector and to make sure investor safety and transparency.

Moreover, Bybit has secured in-principle approval to conduct companies within the United Arab Emirates UAE.

Dubai’s new framework caters to each the regulatory readability advocated by the trade and investor safety, Ben Zhou, co-founder and CEO of Bybit, informed FinanceAsia.

“The dedication of the regulators right here in Dubai is what has drawn us to anchoring our presence right here,” he…


¬ Haymarket Media Restricted. All rights reserved.



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Tags: AssetsBybitcryptocurrencyDubaiGlobalMovesregulationsingaporeUAEvirtual
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