Bybit Secures MVP License from Dubai's Digital Asset Authorities: A Major Leap Forward
Bybit FinTech FZE, a subsidiary of leading global crypto exchange Bybit, has announced the successful acquisition of an MVP (Minimum Viable Product) license from Dubai's Virtual Asset Regulatory Authority (VARA). This milestone signifies a pivotal moment in Bybit's global expansion strategy and reinforces its commitment to regulatory compliance and providing secure, innovative services to users in the region. The announcement of Bybit's temporary license by the Virtual Asset Regulatory Authority (VARA) demonstrates the exchange's continuous commitment.
16 de sept. de 2025: Bybit has received a provisional license from Dubai's Virtual Asset Regulatory Authority (VARA), marking a significant step in its global expansion in the crypto space. Following suit, Bybit, a well-known crypto exchange, recently announced that it has obtained a license in the region. The crypto exchange disclosed that it successfully navigated the rigorous regulatory framework.
This achievement follows Bybit's previous receipt of a provisional license. 17 de sept. de 2025: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Provisional Approval for Virtual Asset Service Provider (VASP). Securing the MVP license allows Bybit to further develop and offer its suite of virtual asset services within the regulatory framework established by VARA. This includes offering compliant trading, custody, and other related services to its growing user base in Dubai and the wider UAE.
Bybit's dedication to working closely with regulators worldwide is evident in this accomplishment. DUBAI, UNITED ARAB EMIRATES - Media OutReach - Bybit FinTech FZE, a subsidiary of Bybit, a global leading crypto exchange, announced today that it has been granted the license. The MVP license allows Bybit to operate within a defined regulatory sandbox, further demonstrating its commitment to building a transparent and trustworthy ecosystem for digital asset trading.
The acquisition of this MVP license not only strengthens Bybit's position in the Middle East but also signals a broader trend of regulatory acceptance and growth within the global cryptocurrency landscape. Bybit's commitment to compliance and innovation positions it as a key player in the evolving digital asset space.