Bybit Secures Historic Full Virtual Asset License in UAE
In a groundbreaking development for the cryptocurrency industry, Bybit has become the first crypto exchange to obtain a comprehensive Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority. This historic achievement, finalized in October 2025, represents a significant milestone in the regulatory acceptance and mainstream adoption of digital assets in the Middle East. The full license follows Bybit's successful In-Principle Approval obtained in February 2025, demonstrating the exchange's commitment to regulatory compliance and operational excellence. This authorization empowers Bybit to offer fully regulated trading services, secure custody solutions, and comprehensive fiat currency services to both retail and institutional clients throughout the United Arab Emirates. The UAE's progressive approach to virtual asset regulation positions the country as a leading hub for cryptocurrency innovation and institutional adoption. Bybit's pioneering license not only validates the exchange's robust compliance framework but also signals growing regulatory maturity in the global crypto landscape. This development is expected to accelerate institutional participation in digital assets while providing enhanced consumer protection and market integrity. The successful licensing process was guided by close collaboration with UAE regulatory authorities, reflecting Bybit's strategic focus on establishing trusted, regulated cryptocurrency services in key global markets. This achievement strengthens Bybit's position as a forward-thinking exchange committed to bridging traditional finance with the digital asset ecosystem while maintaining the highest standards of regulatory compliance and user protection.
Bybit Becomes First Crypto Exchange to Secure Full UAE Virtual Asset License
Bybit has made history as the first cryptocurrency exchange to receive a full Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority. This landmark approval allows Bybit to operate regulated trading, custody, and fiat services for retail and institutional clients across the Emirates.
The license follows Bybit's February 2025 In-Principle Approval, achieved with guidance from Abu Dhabi's Blockchain Center. It positions the UAE as a growing hub for compliant digital finance, aligning with Vision 2031 economic diversification goals.
CEO Ben Zhou emphasized the license reflects Bybit's commitment to trust through compliance. The exchange plans significant Abu Dhabi expansion, including 500+ local hires and educational initiatives with regional partners.
Bybit Secures Full SCA License in UAE, Plans Regional Expansion
Bybit has become the first cryptocurrency exchange to receive a full Virtual Asset Platform Operator License from the UAE's Securities and Commodities Authority. The license permits regulated trading, custody, and fiat services, solidifying the UAE's position as a hub for digital asset innovation.
The exchange plans to expand its Abu Dhabi operations with a new regional center, targeting over 500 hires across compliance, customer service, and Web3 education initiatives. "The UAE has emerged as a global leader in digital asset regulation," said CEO Ben Zhou, highlighting the milestone as validation of Bybit's security protocols.
This follows Bybit's 2025 regulatory wins including MiCAR approval in Europe and resumed India operations. The move signals deepening institutional adoption as Middle Eastern markets embrace crypto infrastructure.
Bybit Wins UAE Approval As First Fully Licensed Crypto Platform
Bybit has secured the UAE's full VIRTUAL Asset Platform Operator License from the Securities and Commodities Authority, becoming the first exchange to achieve this regulatory milestone. The approval allows Bybit to operate its global product suite in compliance with Emirati regulations, reinforcing Abu Dhabi's position as a digital asset hub.
The exchange plans to expand its Abu Dhabi headquarters with over 500 employees, aligning with the UAE's strategic push into crypto markets. CEO Ben Zhou cited the nation's clear regulatory framework as instrumental in Bybit's growth strategy.
As the second-largest crypto exchange by volume, Bybit's licensing breakthrough sets a precedent for institutional adoption in Middle Eastern markets. The MOVE comes amid increasing competition among Gulf states to establish cryptocurrency leadership.
Japan’s Historic Leadership Shift Sparks Nikkei Rally and Yen Weakness
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has partnered with FXStreet to release a TradFi Report analyzing Japan's unprecedented political transition. The election of Sanae Takaichi as Japan's first female prime minister has sent shockwaves through global markets.
The yen plunged to historic lows against the euro and breached the 150 threshold versus the U.S. dollar, while the Nikkei 225 surged 4.8% to a record high NEAR 48,000. Takaichi's pro-growth platform has dramatically shifted expectations for Bank of Japan policy, with markets now pricing in a December rate hike to 0.75% instead of the previously anticipated October move.
This political milestone has created a clear divergence in Japanese asset performance - equities rallying on stimulus expectations while the yen weakens on delayed monetary tightening. The report highlights how traditional finance developments can create Ripple effects across global markets, including potential implications for cryptocurrency valuations as investors rebalance portfolios.
