VARA Lists Bybit’s Dubai Spot License With a June 2026 Issue Date

Bybit Fintech FZE’s Dubai spot-exchange license is active and carries a June 20, 2026, issue date, authorizing the company to serve retail, qualified and institutional investors in spot markets.

The issue date is four months before Bybit announced the license on Oct. 22. The announcement described the authorization as covering exchange services and spot trading but did not give an issue date. The active status and date add registry detail to the Dubai spot license Bybit had already secured.

The license does not cover derivatives. Bybit said it hopes to expand its permitted activities to include derivatives, subject to further regulatory approvals.

Bybit established its international headquarters in Dubai in 2022 and says it has more than 80 million users. At an October keynote, CEO Ben Zhou highlighted five other licenses and regulatory approvals the company collected in 2026, in the European Union, Indonesia, South Africa, El Salvador and the Cayman Islands.

Dubai’s Virtual Assets Regulatory Authority (VARA) oversees virtual-asset firms in the emirate’s mainland and free zones. The Dubai International Financial Centre is outside VARA’s jurisdiction.