Overview
- The crypto exchange plans to offer personal IBAN accounts that let customers hold fiat and send or receive transfers across 18 currencies.
- CEO Ben Zhou named Qatar National Bank, DMZ Finance, and Georgia-licensed Pave Bank as partners supporting the service.
- Users will need to complete KYC to open accounts, with features including fiat deposits, bill payments, salary receipt, and instant conversion to crypto.
- The February launch timeline remains contingent on final approvals and bank integrations, according to the company.
- Bybit also outlined an institutional custody product in development and said it is exploring U.S. entry via a licensed partner alongside preparations for a potential public listing.