Analysis Crypto by Thebittimes.Com

Bybit , one of the world’s largest cryptocurrency exchanges, has received full regulatory approval from the United Arab Emirates’ Securities and Commodities Authority (SCA) . The new licence authorises the company to provide a comprehensive range of virtual asset services across the country, marking a significant milestone in its expansion across the Middle East and reaffirming the UAE’s growing status as a global hub for regulated digital finance. Full Licence Extends Bybit’s Nationwide Capabilities The SCA’s Virtual Asset Platform Operator Licence allows Bybit to operate as a fully regulated provider of trading, brokerage, custody, and fiat conversion services for both retail and institutional clients within the UAE. This development follows an earlier in-principle approval granted in February 2025 and builds upon a provisional non-operational licence issued by Dubai’s Virtual Assets Regulatory Authority (VARA). Unlike the VARA licence, which was limited to Dub...

A massive development for the company, Coinbase has received regulatory approval to launch crypto services in Argentina. Indeed, the US-based cryptocurrency exchange announced the newest location of its global expansion in a recently issued press release. Argentina has continued to emerge as a promising region for cryptocurrency growth. Specifically, 5 million Argentinians utilize cryptocurrency in their daily lives, Coinbase reported. Now, the platform is set to aid that pursuit as they expand their operations into the Southern American nation. We're approved to launch in Argentina. This is an important step in our international strategy and another key chapter in our mission to increase economic freedom around the world. pic.twitter.com/bfudgiDuVD — Coinbase ️ (@coinbase) January 28, 2025 Also Read: Coinbase Launches Bitcoin Loans for US Users Coinbase Gets Regulatory Approval in Argentina Entering the year 2025 was always viewed as a monumental year for cryptocurrencies. The Uni...