Bybit | Crypto

Bybit has an electronic money institution license in Austria and is about to snag a MiFID license too, CEO Ben Zhou told Coindesk.

Bybit added USDT-settled perpetuals tracking EUR/USD, GBP/USD and USD/JPY, with 24/7 trading and leverage of up to 100x. Dubai-based crypto exchange Bybit has launched USDT-settled perpetual contracts tracking three major foreign currency pairs, adding FX to its growing lineup of traditional finance derivatives. The contracts cover EUR/USD, GBP/USD and USD/JPY, tracking movements in the underlying currency pairs without giving traders ownership of the currencies themselves. They have no expiration date and offer leverage of up to 100x. Profits and losses are settled in USDT, with trading available around the clock, including when underlying FX markets are closed. Read more

The integration lets Bybit users spend digital assets directly from their exchange balances across Mesh-powered platforms. Bybit Pay, the payments arm of crypto exchange Bybit, has integrated with crypto payments infrastructure provider Mesh, allowing users to make payments and fund accounts on supported platforms directly from their Bybit balances. The integration lets Bybit users select Bybit Pay at checkout or when funding an account without first withdrawing or transferring assets to another platform. For businesses already integrated with Mesh, Bybit Pay can be added as a payment option through their existing integration, giving them access to Bybit’s claimed 80 million users. Bybit said the integration also supports programmable settlement options, allowing businesses to control how and when payments are settled across different markets. Read more

Only notified business users are covered; access restrictions follow Aug. 21 and market-price liquidation starts Sept. 21. The post Forced liquidations begin in 30 days for business crypto accounts missing new verification rules on Bybit appeared first on CryptoSlate.

The additions come as Bybit’s TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies. Dubai-based crypto exchange crypto exchange Bybit has launched pre-IPO perpetual contracts tied to Chinese robotics firm Unitree and artificial intelligence startup Moonshot AI, expanding its push into private-market trading. The USDT-denominated and settled contracts give traders price exposure without ownership of the underlying shares. Bybit said its TradFi perpetuals lineup has grown to more than 200 products since launching in April, spanning equities, ETFs, commodities, indices and pre-IPO companies. Unitree received approval from China’s securities regulator in July for an initial public offering on Shanghai’s STAR Market. The perpetual gives traders exposure to the robotics company before its shares begin trading publicly. Read more

Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations. United States court records unsealed on Thursday show that a federal judge backed crypto exchange Bybit’s effort to trace assets stolen in the $1.5 billion North Korea-linked hack by granting the company expedited discovery.  According to the records, Bybit filed the lawsuit under seal on June 18 against North Korea, its Reconnaissance General Bureau, the Lazarus Group and 20 unidentified defendants. The court granted Bybit’s request for expedited discovery on June 19. The discovery authority gives Bybit a practical route to identify alleged intermediaries and pursue a small portion of stolen assets that remains traceable, rather than relying solely on a judgment against North Korea.  Read more

Bybit’s Austrian payments subsidiary gained regulatory approval to develop card, merchant, open-banking and person-to-person payment services. Bybit’s European payments subsidiary has secured an electronic money institution license in Austria, providing the exchange with a regulatory basis to add payment and e-money services to its regional platform.  On Tuesday, Bybit said Bybit Payments GmbH received the license from Austria’s Financial Market Authority. The authorization provides a legal basis for future payment capabilities, which may include person-to-person payments, merchant payment solutions, open banking features and card products. The payment services will be offered through Bybit.eu alongside services provided by Bybit EU GmbH, a separate Austrian entity authorized under the European Union’s Markets in Crypto-Assets Regulation since May 2025. Bybit.eu serves users across the European Economic Area (EEA), with Malta excluded.  Read more

Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products. Dubai-based crypto exchange Bybit has enabled six tokenized stocks to serve as collateral for margin trading and lending products, expanding the financial utility of blockchain-based equities. The update allows eligible retail and institutional users to use tokenized shares of Nvidia (NVDAX), Robinhood (HOODX), Circle (CRCLX), Tesla (TSLAX), Alphabet (GOOGLX) and Apple (AAPLX) as collateral for margin trading and borrowing through Bybit’s Unified Trading Account, Crypto Loans and Institutional Loans. The feature is available subject to Bybit’s lending terms and product availability. Bybit first introduced xStocks in June through a partnership with tokenization platform Backed, listing more than 60 tokenized US stocks and exchange-traded funds on its spot market. The assets are backed 1:1 by the underlying securities, which are held by a regulated cu...

The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users. Crypto exchange Bybit announced Thursday it has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI.  The deal saw NOBI rebranded as Bybit Indonesia. The crypto exchange said it plans to introduce its services in phases, starting with 500 cryptocurrency trading pairs.  The exchange will be led by Lawrence Samantha, who will serve as CEO and Dionisius Evan, who serves as chief operating officer, both formerly senior executives at NOBI.  Read more

Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mistakenly perceived as licensed or regulated. Crypto exchange Bybit has been added to the Monetary Authority of Singapore’s (MAS) Investor Alert List, a registry designed to warn consumers about entities that may be wrongly perceived as licensed or regulated by the financial watchdog. Bybit Fintech Limited and Bybit appeared on the MAS alert list on Wednesday, although the regulator did not provide a specific reason for their inclusion. Bybit Fintech Limited, the corporate entity behind the exchange, appears on the MAS Investor Alert List website. Source: MAS Read more

The new offering gives eligible users access to tokenized institutional bond funds as demand for blockchain-based real-world assets continues to grow. Crypto exchange Bybit will offer eligible customers access to tokenized bond funds managed by PIMCO and China Merchants Bank International, expanding its push into real-world assets through partnerships with Plume and DigiFT. Bybit's new RWA Earn platform launched with two tokenized bond funds: the PIMCO Dynamic Income Opportunities Fund (PDO), which invests across fixed-income assets including corporate debt, mortgage-backed securities and government bonds, and the CMBI Investment Grade Bond Fund, which focuses on investment-grade credit in Asian and global markets. According to Monday's announcement, the funds are tokenized through DigiFT, a digital asset exchange regulated in Singapore and Hong Kong, while Plume provides the onchain infrastructure used for subscriptions and fund allocation. Read more

Eligible Bybit users can subscribe to tokenized SpaceX IPO shares through xStocks, a Kraken-linked framework that brings public market offerings to crypto exchanges. Bybit is joining a growing list of crypto exchange platforms allowing eligible users to subscribe to tokenized shares in US initial public offerings at the offering price, beginning with a SpaceX listing through the xStocks framework. Kraken parent Payward Services' xStocks framework aggregates investor demand across partner platforms and works with underwriting syndicates to secure IPO allocations before tokenizing the shares. Eligible users can register interest and submit subscription requests for tokenized IPO shares through Bybit, with allocations distributed on a pro-rata basis and unused funds refunded if demand exceeds available shares. SpaceX will be the first offering, with tokenized shares scheduled to begin trading on Bybit's spot market on June 12. Read more

The exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins. Crypto exchange Bybit has added support for Western Union’s USDPT stablecoin, a move that brings the payments giant’s digital dollar onto a major crypto trading venue for the first time. The companies announced on Thursday that USDPT, Western Union’s US dollar-pegged stablecoin, is now available on Bybit for holding, trading and transfers. The integration expands USDPT beyond payments and into crypto trading while increasing the range of dollar-denominated stablecoins available to Bybit users. Bybit said it is the first major cryptocurrency exchange to support USDPT. Read more

The integration enables crypto payments at more than 650,000 merchants, with transactions settled for businesses in South African rand. Crypto exchange Bybit has expanded its Bybit Pay service to South Africa through an integration with local payments provider MoneyBadger, allowing users to pay with cryptocurrency at merchants nationwide using QR codes while businesses receive settlement in local currency. According to Bybit's Tuesday announcement, the rollout connects Bybit Pay to existing payment networks, giving users access to more than 650,000 merchants via Scan to Pay, 31,000 through Zapper and over 1,500 Pick n Pay stores, with additional support for online payments through Peach and Ozow. Users can pay with Bitcoin (BTC), stablecoins and more than 20 other digital assets, with transactions processed in seconds while MoneyBadger converts funds to South African rand at the point of sale to limit exposure to price volatility, allowing merchants to accept crypto without holding it. Read more

The funding supports a dual-licensed platform as Malaysia expands its regulatory framework for digital assets and tokenization. Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia. The round also included participation from global family offices and follows Bybit’s earlier investment in Hata’s $4.2 million seed round. According to Monday’s announcement, the funding will be used to improve liquidity, expand the user base and develop additional digital asset products. Hata operates under licenses from the Securities Commission Malaysia and the Labuan Financial Services Authority, allowing it to offer trading and custody services for digital assets in the Southeast Asian country. Read more

The Rwanda central bank's warning came after Bybit added the Rwandan franc to its list of assets that its peer-to-peer platform can use to trade for crypto. The National Bank of Rwanda (NBR) has warned the public that crypto payments and trades using the local currency remain illegal in the country after Bybit added support for the Rwandan franc for its peer-to-peer platform on Friday.  “Crypto-assets are NOT authorized for payments, FRW conversion, or P2P trading involving FRW under the current framework,” the central bank posted to X on Sunday, urging citizens to avoid crypto due to “serious financial risks and no recourse in case of loss.” The central bank’s comments were in response to an X post from Bybit on Friday, stating that the Rwandan franc (FRW) can be used to buy and sell crypto through its Bybit P2P service. Read more

The crypto exchange is offering a yield product tied to Tether Gold (XAUT), signaling a shift toward turning traditionally passive assets like gold into income-generating instruments. Cryptocurrency exchange Bybit has launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold (XAUT), the latest entrant into a broader push to turn traditionally non-yielding assets into income-generating instruments. The product is designed to convert tokenized gold — typically a passive store of value — into a yield-bearing asset using XAUT, the largest tokenized gold product, the company announced Thursday. It allows holders to earn passive income while maintaining exposure to gold prices. Bybit said the offering is part of its broader expansion into tokenized real-world assets (RWAs), as it moves beyond traditional crypto trading products. Read more

Bybit is reportedly planning to enter the compliant US market via this potential partnership.

It’s estimated that roughly 1,800 crypto companies operate in the United Arab Emirates, employing more than 8,600 people in various roles. Crypto exchange Bybit has reaffirmed its commitment to the Middle East amid escalating global conflict, announcing the appointment of a new country manager to increase its presence in the Middle East and North Africa (MENA) region. Tensions in the Middle East escalated last month after the US and Israel launched strikes on Iran. In response, Iran retaliated against several neighboring countries, including the United Arab Emirates (UAE), the United Arab Emirates (UAE), where Bybit maintains a major regional presence. Helen Liu, co-CEO of Bybit, said the company has no plans to scale back its Middle East operations in light of the conflict. Read more

Bybit says most of the $300 million “saved” came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to preemptive fraud stops. Bybit said it blocked or disrupted more than $300 million worth of suspected scam-related withdrawals in the fourth quarter of 2025 after rolling out an AI-assisted risk monitoring system designed to flag malicious transactions before funds leave the exchange. In a company blog post, Bybit said its system flagged about $500 million in withdrawal requests during the quarter and that more than 4,000 users were “protected” after the platform issued real-time risk alerts or blocked transactions outright. Bybit’s head of group risk control, David Zong, told Cointelegraph that much of the $300 million total reflects withdrawals users voluntarily cancelled after seeing warnings, meaning the funds remained in their accounts rather than requiring clawbacks or reimbursement. Read more