Crypto Exchange Bybit Opens Global HQ in Dubai
Featured SpeakerChristy Goldsmith Romero
CommissionerU.S. Commodity Futures Trading Commission
Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.
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Amitoj Singh is CoinDesk’s regulatory reporter covering India. He holds BTC and ETH below CoinDesk’s disclosure threshold of $1,000.
Featured SpeakerChristy Goldsmith Romero
CommissionerU.S. Commodity Futures Trading Commission
Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.
Crypto exchange Bybit has opened its global headquarters in Dubai, the company announced on Monday.
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The launch comes nearly a year after it had revealed plans to establish itself in the emirate based on an in-principle approval to move its global headquarters to the city.
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“As one of the most progressive digital assets hubs in MENA and the world, Dubai is optimally positioned to capture the opportunities in the sector,” said Ben Zhou, CEO and co-founder of Bybit.
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During the recent crypto winter, Bybit, like several other firms in the space, had to weather lay-offs, and faced a derivatives trading ban in Brazil and penalties in Canada.
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Dubai is one of seven emirates that form the United Arab Emirates (UAE) and is an aspiring crypto hub in the region.
Edited by Sandali Handagama.
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Amitoj Singh is CoinDesk’s regulatory reporter covering India. He holds BTC and ETH below CoinDesk’s disclosure threshold of $1,000.
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Amitoj Singh is CoinDesk’s regulatory reporter covering India. He holds BTC and ETH below CoinDesk’s disclosure threshold of $1,000.
