top of page

Bybit Gains Crypto License in Cyprus

Crypto exchange Bybit has gained a license for crypto exchange and custody services in Cyprus, the company said in a statement on Monday. The Dubai-headquartered firm said the move shows its commitment to compliance with local rules. The license strengthens the exchange's presence in the European Union (EU) after it faced regulatory scrutiny in Japan and exited Canada, and the U.K. Cyprus is one of the EU members to introduce an advanced registration regime before MiCA takes effect in 2024. Cyprus was the home of FTX’s EU arm until its license was withdrawn following the exchange’s abrupt collapse in November.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page