Bybit, a cryptocurrency change, has secured the Digital
Asset Platform Operator License from the Securities and Commodities Authority
of the United Arab Emirates. The license permits Bybit to function regulated
digital asset buying and selling, brokerage, custody, and fiat conversion providers within the
nation.
In keeping with Bybit, it’s the first crypto change to
obtain this full license from the SCA. The license follows the change’s In-Precept
Approval obtained in February 2025, which was granted with assist from the
Blockchain Centre, Abu Dhabi.
Bybit Plans Abu Dhabi, Dubai Enlargement
The SCA license follows Bybit’s regulatory developments in
2025, together with acquiring a MiCAR license in Might and resuming full buying and selling
operations in India in September.
Digital
property meet tradfi in London on the fmls25
Bybit plans to broaden its UAE presence by opening a bigger
regional operations middle in Abu Dhabi. The change goals to make use of greater than
500 workers throughout Abu Dhabi and Dubai. It additionally plans to rent for compliance,
operations, and customer support roles and introduce training and Web3
packages with native companions.
“The UAE has emerged as a world chief in digital asset
regulation, and this recognition underscores the power of our safety and
governance requirements,” Ben Zhou, Co-founder and CEO of Bybit, commented.
Historical past made within the UAE 🇦🇪Bybit turns into the primary crypto change licensed by the UAE Securities and Commodities Authority (SCA) – a historic milestone that cements the UAE’s place on the middle of worldwide blockchain regulation.A brand new benchmark for safety, transparency, and… pic.twitter.com/rV4c94BYqf
— The Blockchain Middle in Abu Dhabi (@adbc_ae) October 9, 2025
Bybit Expands TradFi Platform with 24/5 Inventory CFDs
Bybit has launched 24/5
inventory CFD buying and selling on its TradFi platform, permitting customers to entry chosen
equities repeatedly on weekdays. The enlargement removes earlier limitations
tied to U.S. market hours and aligns buying and selling hours extra carefully with crypto
markets.
Since Might 2025, the platform has reportedly added over 100
inventory CFDs, together with main know-how and crypto-related corporations. Present
positions and charges stay unchanged, and the agency is quickly waiving
transaction charges on chosen shares and indices. Bybit describes the replace as
enabling entry to conventional monetary merchandise alongside its crypto
choices.
This text was written by Tareq Sikder at www.financemagnates.com.
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