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Bybit

Bybit to suspend services in the UK after FCA drops new rules
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27 September, 2023

Bybit to suspend services in the UK after FCA drops new rules

As the Financial Conduct Authority mandates new stricter rules, Bybit decided to pause their operations in the U.K. to focus...
Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’
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20 September, 2023

Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’

A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but...
Singapore High Court deems digital assets as trustable property
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2 August, 2023

Singapore High Court deems digital assets as trustable property

Singapore High Court recognizes digital assets as personal property eligible for a trust holding in a landmark ruling involving Bybit...
Bybit announces exit from Canada citing new regulatory developments
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1 June, 2023

Bybit announces exit from Canada citing new regulatory developments

Beginning on May 31, ByBit's new users in Canada won't be able to create accounts, but existing customers will continue...
Bybit to make KYC verification mandatory for all users by May 8
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27 April, 2023

Bybit to make KYC verification mandatory for all users by May 8

ByBit's Know Your Customer requirement may take between 15 minutes to 48 hours to be processed, noting that users can...
Bybit moves headquarters to Dubai a year after gaining in-principle approval
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22 April, 2023

Bybit moves headquarters to Dubai a year after gaining in-principle approval

Bybit’s new office is situated at the Dubai World Trade Center, overlooking the Dubai International Financial Center (DIFC) and other...
Bybit, 3 others flagged in Japan over alleged unlicensed digital currency exchange operations
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6 April, 2023

Bybit, 3 others flagged in Japan over alleged unlicensed digital currency exchange operations

Japan is tightening the screws on the local digital asset sector, recently flagging four companies on allegations that they violated...
Bybit joins growing list of layoffs in exchanges
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7 December, 2022

Bybit joins growing list of layoffs in exchanges

Bybit CEO Ben Zhou announced on Twitter that the exchange would lay off workers across the board, blaming the “deepening...
Brazil securities watchdog orders Bybit exchange to cease operations
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9 September, 2022

Brazil securities watchdog orders Bybit exchange to cease operations

The Brazilian CVM has ordered Bybit exchange to cease offering securities illegally, four months after it commenced operations, just as...
KuCoin exchange banned in Canada over regulatory violations
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30 June, 2022

KuCoin exchange banned in Canada over regulatory violations

The Ontario securities watchdog also slapped a $1.9 million fine on Bybit, claiming that the two operated unregistered digital asset...
FTX, ByBit serving South Africans illegally, regulator warns
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7 February, 2022

FTX, ByBit serving South Africans illegally, regulator warns

The FSCA said it has tried to contact FTX on the issue to no avail, but CEO Sam Bankman-Fried refuted...
Huobi, Bybit among 12 unregistered digital currency firms in hot water with Spain regulators
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21 August, 2021

Huobi, Bybit among 12 unregistered digital currency firms in hot water with Spain regulators

The National Securities Market Commission, has issued warning notices against 12 digital currency firms after finding them to be operating...