Auzzi Shopping

Men's Weekly

.

Bybit Secures License to Operate Cryptocurrency Exchange and Custody Services in Cyprus

  • Written by Auzzi Shopping

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 June 2023 - Bybit, the world's third most visited crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus.

This milestone demonstrates Bybit's commitment to working within regulatory frameworks and providing its users with secure and compliant trading solutions.

Bybit's newly acquired license from the regulatory authorities in Cyprus allows the company to offer a full suite of services, including trading between crypto pairs and fiat currency pairs, financial services related to crypto assets, and custody solutions tailored to clients in Cyprus and E.U. member states. With this license, Bybit establishes itself as a trusted and regulated platform within the Cyprus cryptocurrency market.

Cyprus is recognized as a burgeoning hub for cryptocurrency activities, with a growing community of crypto enthusiasts and a favorable regulatory environment. Bybit recognizes the immense potential of the Cyprus market and is excited to bring its next-level reliability and opportunities to the local digital asset community.

"At Bybit, we wholeheartedly support the regulatory objective of building a cryptocurrency industry that is both compliant, secure, and transparent, ultimately benefiting all those seeking financial freedom," said Ben Zhou, co-founder and CEO of Bybit. "This landmark is a testament to Bybit's commitment to adhering to robust regulatory frameworks while expanding our global presence. We look forward to bringing the Crypto Ark to Cyprus."

Bybit has a sterling reputation for digital asset security, compliance, and protection. Due in no small part to its enhanced KYC and AML procedures, successfully obtaining the ISO 27001:2013 certification for its robust security management system, and running real-time, on-chain, proof-of-reserves data with a purpose-built Merkle tree.

More From Bybit


Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit:

For updates, please follow:










Today's Features at Auzzi

How Does a Waterproof Dog Bed Keep Your Pet Healthier and Happier?

Every dog needs a comfortable place to rest after a long day of play, running, or guarding the house. Just like people, dogs rely on good sleep to stay healthy, relaxed, and full of energy. ...

The Digital Marketing Blueprint for Aussie Local Businesses in 2025

Source: pexels.com The way Australians search, shop, and connect with local businesses is shifting fast in 2025. Customers expect to find you online instantly whether through Google Maps...

Building Stability and Strength with Professional Piling Construction

Every successful construction project begins with a strong and reliable foundation. When surface soil conditions are not capable of supporting heavy loads, builders turn to deep foundation...

Rejuvenate Your Skin with Laser Skin Tightening

As we age, the skin naturally loses elasticity due to a reduction in collagen and elastin production. While surgical facelifts were once the primary option for addressing these issues, mod...

Reliable Bonding Solutions with 3M Double Sided Tapes and Foam Tape

Across industries such as construction, automotive, electronics, and packaging, businesses rely on trusted adhesives to ensure durability and precision. One brand that has set the global s...

Comfort and Care for Babies with Huggies Nappies

When it comes to caring for babies, parents want only the best in comfort, safety, and convenience. One of the most important everyday essentials is nappies, which play a major role in kee...

Convenient Waste Solutions with Affordable Rubbish Bin Hire

Managing waste effectively is a challenge that both households and businesses face daily. Whether it’s a small home clean-up, a renovation project, or a large commercial operation, findi...