{"id":174748,"date":"2025-10-09T17:44:29","date_gmt":"2025-10-09T14:44:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=174748"},"modified":"2025-10-09T17:44:29","modified_gmt":"2025-10-09T14:44:29","slug":"bybit-secures-uaes-first-full-virtual-asset-license-expands-in-dubai","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bybit-secures-uaes-first-full-virtual-asset-license-expands-in-dubai\/","title":{"rendered":"Bybit Secures UAE\u2019s First Full Virtual Asset License, Expands in Dubai"},"content":{"rendered":"<p>The new license allows Bybit to offer regulated crypto trading, brokerage, custody, and fiat conversion services to retail and institutional clients across the UAE mainland, extending beyond the jurisdiction of Dubai\u2019s Virtual Assets Regulatory Authority (VARA).<\/p>\n<p>Building on its existing provisional VARA license, Bybit said it plans to deepen its local presence through a regional operations hub in Abu Dhabi and expanded teams across Abu Dhabi and Dubai, aiming to employ more than 500 local staff.<\/p>\n<p>The firm also plans to roll out education initiatives and Web3 innovation programs in collaboration with UAE partners.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-174570\" href=\"https:\/\/cryptodnes.bg\/en\/polymarket-founder-teases-launch-of-poly-token-amid-platforms-rapid-growth\/\" title=\"Polymarket Founder Teases Launch of $POLY Token Amid Platform\u2019s Rapid Growth\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/Polymarket-e1721926969453-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Polymarket Founder Teases Launch of $POLY Token Amid Platform\u2019s Rapid Growth<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Bybit CEO Ben Zhou said the approval underscores the exchange\u2019s commitment to \u201cbuilding trust through compliance and transparency,\u201d positioning the company as a key player in Dubai and the wider UAE\u2019s growing role as a global crypto and blockchain hub.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bybit, the world\u2019s second-largest cryptocurrency exchange by trading volume, has obtained a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates, becoming the first crypto exchange to receive the full national approval.<\/p>\n","protected":false},"author":7,"featured_media":83457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[424],"coin_category":[],"class_list":["post-174748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bybit Secures UAE\u2019s First Full Virtual Asset License, Expands in Dubai<\/title>\n<meta name=\"description\" content=\"Bybit, the world\u2019s second-largest cryptocurrency exchange by trading volume, has obtained a Virtual Asset Platform Operator License...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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