Bybit Becomes First Exchange To Receive UAE Trading License

Bybit just acquired a Virtual Asset Platform Operator License in the UAE, making it the first crypto exchange to do so. It plans to open a regional office with 500 employees to better expand its regional presence. The firm has been concentrating on infrastructure in other growing crypto hubs, making new inroads in Europe, Vietnam, India, and more. This long-term strategy could pay out huge rewards source: https://beincrypto.com/bybit-uae-license-first-exchange-regional-expansion/