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Bybit secures VARA approval to offer spot exchange services in Dubai

Bybit secures VARA approval to offer spot exchange services in Dubai
Photo: cottonbro studio / Pexels
AI summary

Bybit has secured approval from Dubai's Virtual Assets Regulatory Authority to offer spot exchange services in the emirate. The license extends the exchange's global compliance footprint and opens access to the Dubai market. Traders may read the move as a confidence signal for Bybit and for regulated crypto trading in the UAE, though it does not directly affect token prices.

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