Bybit Official Headquarters In Dubai Crypto Paradise
- As of April 17, 2023, Bybit’s headquarters will be officially located at the Dubai World Trade Center.
- The exchange’s trading volume in MENA has reached US$33.5 billion in less than a year, and its users have exceeded 10 million since its inception.
- Last year, the exchange obtained IPA (approval in principle) in the UAE and will establish a global headquarters in Dubai.
In an official blog, the co-founder and CEO of crypto exchange Bybit announced on the blog that as of April 17, 2023, Bybit’s headquarters would be officially located at the Dubai World Trade Center.
Among more than 400 crypto and blockchain businesses in the booming digital asset hub of the Middle East, Bybit holds the No. 2 spot among exchanges in the region. In less than a year, diverse groups of exchanges worldwide have achieved $33.5 billion in trading volume in the Middle East and North Africa (MENA) and are on track to multiply double that number by 2023.
Dubai has always been seen as a golden land for cryptocurrency companies because of its supportive legal policies. Not only resourced and invested but also open-minded and forward-thinking, Dubai and the UAE are well-equipped to lead a digital economy fully integrated with the future of technology. Dubai plays an essential role in exchanging ideas, international trade, and culture connecting East and West.
On March 28, cryptocurrency exchange Bybit announced that it had received an IPA (approval in principle) in the United Arab Emirates to conduct virtual asset business in the country ( Dubai). The exchange announced that it would support the UAE government’s regulatory work, establish a global headquarters in Dubai, and provide a full range of crypto-asset products and services to the world.
Today, Bybit supports customers in over 160 countries and over 16 languages. With its status as the fastest-growing crypto hub, Crypto Ark is at full speed, poised to drive the future financial freedom of the economy.
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