{"id":10700,"date":"2023-06-27T13:15:00","date_gmt":"2023-06-27T13:15:00","guid":{"rendered":"https:\/\/tokendices.com\/ceo-states-that-bybits-mvp-license-in-dubai-is-highly-limited\/"},"modified":"2023-06-27T13:15:00","modified_gmt":"2023-06-27T13:15:00","slug":"ceo-states-that-bybits-mvp-license-in-dubai-is-highly-limited","status":"publish","type":"post","link":"https:\/\/tokendices.com\/ceo-states-that-bybits-mvp-license-in-dubai-is-highly-limited\/","title":{"rendered":"CEO states that Bybit&#8217;s MVP license in Dubai is highly limited."},"content":{"rendered":"<p>Bybit FinTech FZE, a subsidiary of cryptocurrency exchange Bybit, has received a preparatory license from Dubai&#8217;s Virtual Assets Regulatory Authority (VARA). The license allows Bybit to service a restricted set of accredited investors, but the exchange is working towards acquiring a full market product license in Dubai. Once fully licensed, Bybit plans to offer a full-scope digital asset exchange, providing all services available within the license. Bybit&#8217;s CEO, Ben Zhou, stated that Dubai offers a level playing field for businesses of all sizes and sectors and that the Emirate&#8217;s future-ready mindset helps attract investors and funds looking for a stake in the digital economy. Bybit has also acquired a license to operate as an exchange and custody service in Cyprus and received pre-approval in Kazakhstan to operate as a digital asset trading facility and custody services provider.<\/p>\n","protected":false},"excerpt":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-06\/c4bad3cf-a14c-4500-903b-dab66929e4f1.jpg\"><\/p>\n<p>Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.<\/p>\n","protected":false},"author":1,"featured_media":10701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[15],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/10700"}],"collection":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/comments?post=10700"}],"version-history":[{"count":0,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/posts\/10700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media\/10701"}],"wp:attachment":[{"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/media?parent=10700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/categories?post=10700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokendices.com\/wp-json\/wp\/v2\/tags?post=10700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}