Is Bybit in Hong Kong?

Could you please clarify for me if Bybit, the cryptocurrency exchange platform, is indeed located in Hong Kong? I've heard some rumors about its operational base, but I'd like to get a definitive answer. If it is indeed headquartered in Hong Kong, could you also elaborate on the significance of this location, considering Hong Kong's financial standing and regulatory environment? Additionally, how does this geographical location impact Bybit's operations and services, especially in terms of accessing global markets and ensuring compliance with regulatory requirements? I'm genuinely interested in understanding the nuances of Bybit's operations from a geographical perspective. Thank you for your time and assistance in clarifying this matter.