TechFlow news — Cryptocurrency exchange Bybit announced it has obtained in-principle approval (IPA) from the United Arab Emirates to conduct virtual asset business in the country (Dubai). Bybit stated it will support the UAE government's regulatory efforts, establish its global headquarters in Dubai, and offer a full suite of crypto asset products and services worldwide.
Bybit is reportedly the world's third-largest virtual asset operator, with peak daily trading volume reaching $76 billion.




