Bybit Wins Dubai VARA Approval For Spot Crypto Exchange Services
Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; derivatives permission remains a future objective.
Key Takeaways
- Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; derivatives permission remains a future objective.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

UAE-Led Coalition Exposes $39 Billion in Crypto Fraud, 960 Arrested
Carried out for three months, the operation resulted in the arrest of nearly 100 defendants and the raid of 29 fraud centers. 30 countries and 13 private sector partners, including Huawei, Mastercard, and Meta, were involved in the joint actions that managed…

3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Three Asian central banks are developing common approaches to moving regulated stablecoins and digital bank deposits across borders. The BLOOM initiative aims to reduce the cost and complexity of connecting financial institutions in different markets. Central…

Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt
Modular blockchain platform Initia halted its network Friday after the team confirmed “a security incident” that compromised its operations. According to Initia co-founder Ezaan Mangalji, the attacker exploited the breach to mint an estimated $2.7 million…