Digital property platform, Bybit, has introduced the relocation of its world headquarters from Singapore to Dubai, simply two weeks after the emirate permitted a brand new Digital Asset Regulation Regulation to formalise exercise within the sector and to make sure investor safety and transparency.

Moreover, Bybit has secured in-principle approval to conduct companies within the United Arab Emirates UAE.

Dubai’s new framework caters to each the regulatory readability advocated by the trade and investor safety, Ben Zhou, co-founder and CEO of Bybit, informed FinanceAsia.

“The dedication of the regulators right here in Dubai is what has drawn us to anchoring our presence right here,” he…


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