Bybit UAE Approval Secures Full License From Securities Authority

October 10, 2025 — The Bybit UAE Approval marks a major regulatory milestone as cryptocurrency exchange Bybit secures a full Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates.

Full Regulatory License After Review

Bybit’s approval from the Securities and Commodities Authority completes an extensive review process that began earlier this year. The exchange can now offer its full suite of crypto trading and investment services to UAE-based users, similar to its operations in Austria and India.

CEO Ben Zhou called the decision “a milestone for trust through compliance,” emphasizing that the UAE has set a global standard for clear digital-asset regulation. The Bybit UAE Approval marks a major achievement for the exchange’s global strategy, positioning it to compete more effectively in the Middle East’s expanding regulated market.

Unified Oversight Across the UAE

Crypto firms operating in the UAE typically coordinate between VARA (Dubai) and the federal SCA. The two regulators announced a strategic partnership in August to create “licensing reciprocity,” ensuring that approvals granted by one authority can be recognized by the other.

Bybit’s earlier non-operational VARA license helped it meet federal conditions for full authorization under the SCA’s framework, establishing a precedent for multi-layer compliance in the region.

Regional Impact and Market Standing

The UAE’s supportive stance has drawn major global exchanges like Binance, OKX, and BitGo to establish regional bases in Dubai and Abu Dhabi. This momentum has transformed the Emirates into one of the world’s top three regulated crypto centers, alongside Hong Kong and Singapore.

While Bybit suffered a $1.4 billion hack in February 2025 by the Lazarus Group, the company reinforced its security infrastructure and continued pursuing regulatory recognition. Its UAE approval demonstrates a restored confidence among regulators and users alike.

Context: UAE as a Global Crypto Center

The Bybit UAE Approval aligns with the UAE’s broader vision of becoming a transparent, innovation-driven financial hub. With progressive licensing under both VARA and the SCA, the region continues to attract global crypto firms seeking operational clarity and investor protection.

Analysts expect further integration of crypto into mainstream finance as local frameworks mature.

The Talk

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KOLsMediaCommunity

🚨| JUST IN: Bybit has officially become the first licensed crypto exchange in the UAE 🇦🇪 What it means: → Safer, regulated trading in the UAE → More confidence for global investors → The Gulf is quietly becoming a crypto powerhouse 🌍 https://t.co/x5V4IkVhaH

Wisenode

@wise_node

1 day ago

🔥 LATEST: Bybit is now licensed by the UAE’s SCA to provide regulated virtual asset services. https://t.co/li2vQk87M5

Cointelegraph

@Cointelegraph

1 day ago

📢 Bybit Becomes First Crypto Exchange With Complete UAE Regulatory Approval @Bybit_Official becomes the first cryptocurrency exchange to receive full Virtual Asset Platform Operator licensing in the UAE from the Securities and Commodities Authority. Read more 🔽 https://t.co/8M0Q3ZVXUF

Coinspeaker

@coinspeaker

about 22 hours ago