Bybit Secures First Virtual Asset Platform Operator License from UAE’s SCA

Highlights:

• Bybit secures first Virtual Asset Platform Operator License from the UAE’s SCA.
• The exchange will expand operations with 500 employees across Abu Dhabi and Dubai.
• Bybit’s 2025 roadmap strengthens its global compliance and regional growth strategy.

Bybit has secured the first Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates. The exchange will be the first crypto platform to receive this status in the UAE mainland. This license enhances its presence as a worldwide regulatory digital asset service provider.

Advertisement

The new license will grant Bybit the opportunity to provide trading, brokerage, custody, and fiat conversion services throughout the UAE. The firm will augment its domestic presence by establishing a wide operations center in Abu Dhabi. In addition, it will hire more than 500 specialists in Abu Dhabi and Dubai, concentrating on compliance, technology, and customer service.

Bybit co-founder and CEO Ben Zhou stated that the milestone is a sign that the firm is interested in transparency and regulatory trust. He stated that regulation forms the basis of sustainable crypto development. Zhou stressed that the UAE’s experience with virtual assets sets a good example for other markets across the world.

Bybit Secures UAE’s First Virtual Asset Platform Operator License from Securities and Commodities Authority

Ben Zhou, Co-founder and CEO of Bybit, said: “Receiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit’s unwavering commitment to… pic.twitter.com/IH5p3GbODz

— Bybit (@Bybit_Official) October 9, 2025

Strengthening Global Compliance and Local Presence

The SCA license is based on a previous In-Principle Approval received by Bybit in February 2025. The exchange was facilitated with the help of the Blockchain Centre in Abu Dhabi. This partnership showed that the regulator had trust in the technology and compliance system of Bybit.

The success follows a chain of international regulatory successes that Bybit has had. In May 2025, the exchange received its Markets in Crypto-Assets (MiCA) license from the Austrian Financial Market Authority. This authorization enabled Bybit to conduct business in all 29 European Economic Area countries.

Bybit also expanded its international presence with Bybit.eu, a fully regulated platform operating with European customers. The platform provides customer support and localized services in various languages. Furthermore, in September 2025, the company re-entered full trading in India, marking the beginning of its compliance-first growth strategy.

https://t.co/qEedvk5BSE

— Bybit EU (@BybitEU) July 1, 2025

Co-CEO of Bybit, Helen Liu, advocated the open and systematic system of SCA. She said that the license will permit exchanges such as Bybit to perform with ease in the rapidly changing digital economy of the UAE. Liu further added that the company will remain part of the UAE mission to be a global fintech hub.

Driving Innovation and Education in the UAE

Bybit intends to invest significantly in local talent and Web3 education with its Virtual Asset Platform Operator License. The firm will work with academic and industry partners to come up with blockchain training and innovation programs. These programs seek to train the local individuals on the skills needed in the digital asset business.

The operations center in Abu Dhabi will spearhead Bybit’s expansion in the Middle East. It will also act as a foundation for regional research, development, and innovation projects. The compliance and security hiring increase by the exchange underlines its dedication to high standards.

Bybit prioritizes established good governance and transparent operations as part of its long-term strategy. The company is still working to synchronize international activities with local regulatory demands, as well as promoting financial inclusion.

Advertisement