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Bybit Becomes First Crypto Exchange Fully Licensed by UAE’s SCA
Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates. The license allows Bybit to operate regulated virtual asset trading, brokerage, custody, and fiat conversion services in the country. According to Bybit, it is the first crypto exchange to receive this full license from the SCA. The license follows the exchange’s In-Principle Approval received in February 2025, which was granted with support from the Blockchain Centre, Abu Dhabi. The SCA license follows Bybit’s regulatory developments in 2025, ... (full story)
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