Wire by Fusion42
Fusion42 Scout Raise
The Debrief & Outliers
Regulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers
Benchmarks
Benchmarks HomeBy News TypeBy RegionBy Sector
AI WeeklyAbout

Switch product

Fusion42RaiseScoutWire

The Debrief & Outliers

All editionsRegulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers

Database & benchmarks

Benchmarks HomeBy News TypeBy RegionBy SectorStories

Account

Sign in
← Back

Wire · operational-macro

Bybit Secures Dubai VASP License for Crypto Spot Trading

22 October 2026 · By · Wire by Fusion42

Published

22 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

UAE

◆ Source

Read at en.bloomingbit.io →

◆ Verified

Fusion42 · 22 October 2026 · Fusion42 review

Bybit has obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA), enabling it to offer crypto spot trading but excluding derivatives trading. The company plans to expand this license to include derivatives trading subject to regulatory approval and has secured additional licenses in multiple jurisdictions this year.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You now face a regulatory gate in Dubai that separates spot from derivatives crypto trading. Bybit’s move signals new doors opening for compliant spot trading platforms while derivatives remain restricted, so plan your entry around spot services first.

◆ Coverage

1 source · 22 Oct 2026

◆ Related on Wire

◆ Topics

Fintechbybitvasp-licensecrypto-spot-tradingdubaivararegulatory-expansion