Crypto exchange platform Bybit has been granted a full Virtual Asset Platform Operator license by the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). This final approval follows an initial in-principle approval issued eight months prior.
The license permits Bybit to offer its complete suite of products and services across the UAE market.
Context of the Achievement:
This move solidifies the UAE's position as a major crypto hub and marks a significant operational achievement for Bybit.
October 2025, Cryptoniteuae