Bybit obtains VARA license for spot trading in Dubai

Bybit issued a regulatory action on October 22, 2026.

Primary

Bybit

Date

October 22, 2026

Sub-sector

Crypto / Stablecoin

Demonstrates regulatory pathway for crypto platforms in UAE, but Bybit is a large incumbent (>$1B) so not directly actionable for sub-$250M founders. Useful context on Middle East compliance frameworks.

Primary company

Bybit

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 22, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com