I've been hearing about the cryptocurrency trading platform Bybit and its growing popularity. However, I've also come across some mentions of it being banned in certain countries. Could you elaborate on which specific countries have imposed a ban on Bybit and why? It's crucial for investors to stay updated on such regulations, so I'd appreciate a concise yet comprehensive overview of the current situation. Thank you for your assistance in clarifying this matter.
            
            
 
            
            
            
            
          
            6 answers
            
            
  
     Isabella
    Sun Jun 30 2024
    Isabella
    Sun Jun 30 2024
   
  
    Iran, a country in the Middle East, is also included in the list of restricted countries for Bybit. This is likely due to the economic and political sanctions imposed on Iran.
  
  
 
            
            
  
     AzrilTaufani
    Sun Jun 30 2024
    AzrilTaufani
    Sun Jun 30 2024
   
  
    Syria, a country in the Middle East experiencing political turmoil, is another location where Bybit's services are not available. The exchange has complied with international sanctions and restrictions in this region.
  
  
 
            
            
  
     SumoPower
    Sun Jun 30 2024
    SumoPower
    Sun Jun 30 2024
   
  
    The list of countries where Bybit is restricted includes several major jurisdictions. The United States is one such country where Bybit services are currently inaccessible.
  
  
 
            
            
  
     Eleonora
    Sun Jun 30 2024
    Eleonora
    Sun Jun 30 2024
   
  
    North Korea, a country with strict economic and political isolation, is also on the list of Bybit's restricted countries. This reflects the exchange's adherence to international regulations and sanctions.
  
  
 
            
            
  
     CherryBlossomPetal
    Sun Jun 30 2024
    CherryBlossomPetal
    Sun Jun 30 2024
   
  
    Canada, another major North American nation, is also on the list of restricted countries for Bybit. Residents and citizens of Canada are unable to utilize Bybit's platform for cryptocurrency trading.