Overview

• Bybit’s license from the Securities and Commodities Authority authorizes regulated trading, brokerage, custody, and fiat conversion for retail and institutional clients across the UAE.
• The SCA framework covers the UAE mainland, providing broader jurisdiction than Dubai’s VARA regime.
• The company will expand its local footprint with a larger Abu Dhabi operations hub and a 500-plus workforce across Abu Dhabi and Dubai, with accelerated hiring in compliance, operations, and customer service.
• The approval follows an in-principle nod granted in February 2025 and sits alongside Bybit’s provisional authorization under VARA.
• The milestone extends a compliance-focused expansion that includes an EU MiCA license and the resumption of full trading in India in September after settling an FIU case with a $1 million fine.