Bybit Lands Active Dubai Spot License Two Years After Provisional Nod
By Unchained
AI summary of the source article
Bybit Fintech FZE has secured an active Virtual Asset Service Provider license from Dubai's Virtual Assets Regulatory Authority for spot exchange services. The authorization permits Bybit to serve retail, qualified, and institutional investors, but does not include derivatives trading.
Key facts
- Bybit Fintech FZE secured an active VASP license from Dubai's VARA covering spot trading only.
- The license permits Bybit to serve retail, qualified, and institutional investors, excluding derivatives.
- VARA's public register lists the license status as Active with an issue date of June 20, 2026.
Source excerpt · Unchained
Dubai's crypto regulator now lists an active license for the exchange's local entity. In 2024, its register showed a pending license of the same type under a different reference number. The post Bybit Lands Active Dubai Spot License Two Years After Provisional Nod appeared first on Unchained .