Bybit: It has expanded its services to overseas Chinese communities and is actively exploring multiple markets including Hong Kong, the UAE, and the European Union

Regarding the addition of China (CN) to the user identity authentication countries and regions, Bybit officially stated that the platform will expand services to overseas Chinese communities living outside of China and outside of jurisdictions subject to its terms and conditions. This move is to meet the market's growing demand for a safe, reliable and user-friendly cryptocurrency trading platform. Now, overseas Chinese users can register and open accounts on the Bybit platform and enjoy the same rights and interests as existing users, including access to Bybit's diverse crypto products and services. Bybit has always been committed to complying with all applicable regulations in the operating markets and has implemented strict compliance measures to ensure that all users have a safe and responsible user experience. In addition, Bybit maintains high liquidity, consolidates its financial stability, and emphasizes its commitment to users. This strong financial position enables Bybit to continue to invest in expanding services and products to ensure that the platform is always at the forefront of the industry. As the cryptocurrency environment continues to develop, Bybit is committed to responsible growth. Bybit is actively exploring opportunities in multiple markets including Hong Kong, the UAE, and the European Union. While we are currently unable to provide services to Hong Kong residents, we will continue to monitor regulatory developments and proactively understand the licensing requirements and expectations set by the relevant Hong Kong authorities, just as we do with other jurisdictions we are exploring. Bybit hopes to obtain licenses in all important and strategic jurisdictions so that we can serve the market in a compliant and responsible manner.