TechFlow reported, citing Wu Shuo, that after Bybit opened registration for Chinese users, the company plans to relocate its employees to Malaysia and Dubai, and is considering closing its offices in Shanghai, Shenzhen, and other domestic locations in China. Currently, most of the employees based domestically are in technical roles; those unwilling to leave may face gradual layoffs with compensation.
Analysts noted that enabling services for Chinese users undoubtedly exposes local employees to significant risks. Bybit's move is considered standard practice—previously, other exchanges and crypto organizations have also required all staff to relocate overseas for centralized operations or face termination.
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