UAE welcomes Bybit and heralds growth of ‘next generation FDI’Bybit is committed to a continuous constructive dialogue with regulators and legislators in the UAE and will play a key role in educating investors and wider public on digital assets DUBAI, United Arab Emirates, 28 March 2022 -/African Media Agency/- Cryptocurrency exchange business Bybit has received in-principle…Bybit is committed to a continuous constructive dialogue with regulators and legislators in the UAE and will play a key...
Ben Zhou, co-founder and CEO of Bybit and H.E. Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade and Minister in Charge of Talent Attraction and Retention at the World Government Summit 2022 in Dubai “Bybit’s decision to open its global headquarters in Dubai is a milestone in our efforts to position the UAE as a global digital hub,” said H.E. Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade and Minister in Charge of Talent Attraction and Retention. “Virtual assets such as cryptocurrency and blockchain have changed finance forever.
Led by a sophisticated management team with talent from fintech, IT, virtual assets, investment, and legal background, Bybit is one of the fastest growing virtual assets platforms with its peak daily trading volume of US$76 billion in May 2021. It is the third most digitally visited virtual assets business in the world.