Bybit Obtains Dubai VARA Spot License
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AI-assisted source synthesis · not an independent investigation.
On October 22, 2026, Fintech News Middle East reported that Bybit Fintech FZE obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). According to the report, Bybit can provide spot trading and exchange services in Dubai under the license. Bybit stated that, after completing the necessary regulatory approvals, it plans to expand its licensed business to derivatives; the company also said it will continue to strengthen compliance, security, and risk management. The licensed business scope confirmed in the current report is spot trading and exchange services, while derivatives services still require the completion of relevant regulatory approvals.
AI-written from reports · updated 3 hours ago
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- Fintech News Middle EastBybit secures VARA VASP license for spot crypto trading in Dubai
Bybit Fintech FZE has obtained a VASP license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing it to provide spot trading and exchange services in Dubai. Bybit plans to expand its licensed activities to derivatives after completing the necessary regulatory approvals; the company also said it will continue to strengthen compliance, security, and risk management.
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