Bybit Wins Full Regulatory License from UAE’s SCA

• Bybit becomes the first exchange to receive UAE’s full Virtual Asset Operator License.
• The license strengthens Bybit’s compliance-first strategy and global regulatory roadmap.
• Bybit plans major UAE expansion with 500 hires and new Web3 initiatives.

Bybit achieved a new milestone as the first Virtual Asset Platform Operator License was issued to the company by the Securities and Commodities Authority in the UAE. The license will enable the exchange to provide regulated crypto trading, brokerage, custody, and fiat conversion services throughout the nation. The action helps in the UAE ambition of being the top international hub in digital resources and financial innovations. It also strengthens Bybit in its determination to enhance compliance and transparency in all markets that it conducts business in.

The approval of the SCA was eight months following the in-principle approval of the exchange in February 2025. Bybit was able to negotiate the finer points of the regulator thanks to the help of the Blockchain Centre in Abu Dhabi. This partnership is an indication that the government and the private sector are partnering to create a secure and compliant digital asset ecosystem.

Bybit Strengthens Its Compliance Roadmap

Bybit co-founder and CEO Ben Zhou claimed that the license demonstrates that the exchange is determined to establish trust by ensuring transparency and alignment of the exchange with regulations. He pointed out that UAE remains top in regulating digital assets globally. Zhou nurtures that regulation is exceedingly central to sustainable growth, and the company in its movement through the MiCAR approval of Europe to India and the UAE today shows that vision.

Helen Liu, the co-CEO, appreciated the trust and support of the SCA. She claimed that the transparent and organized regulations of the regulator provide the global exchanges, such as Bybit with an assurance to act responsibly. Liu further stated that the visionary nature of the SCA leads to the achievement of the goal of balancing innovation and compliance to make the UAE a competitive destination for blockchain and Web3 companies.

Expanding Operations Across the UAE

Bybit will increase its presence in the region by establishing a bigger operations center in Abu Dhabi with the license in place. The center will have over 500 employees in Abu Dhabi and Dubai. The exchange will also enhance local recruitment in accordance with operations and customer care and initiate educational and Web3 innovation programs alongside local partners.

Bybit has a number of regulatory victories this year, which has led to the SCA license. In May, the exchange received its MiCAR license, and in September it began trading in India again in their full capacity. During the same month, the Virtual Assets Regulatory Authority of Dubai issued Bybit a non-operational license. The entire license of the SCA will provide the company with a comprehensive right to operate in the UAE.

In August, the SCA and VARA established a relationship to harmonize their crypto licensing requirements. They have a common understanding on licensing reciprocity that permits the other body to accept approvals. Such a single framework facilitates trade operations such as Bybit in the UAE.

The development of Bybit indicates that the company is long-term in achieving the goals of the UAE to become the leading player in the global digital asset economy. The exchange maintains standards of a safe and conscientious crypto ecosystem through regulation, investment, and innovation.