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[Bybit Receives Virtual Asset Operating License Approval from UAE Regulator] Cryptocurrency exchange Bybit announced that it has obtained a Virtual Asset Platform Operator License issued by the UAE Securities and Commodities Authority (SCA). This license allows Bybit to provide regulated virtual asset trading, brokerage services, custody solutions, and fiat currency conversion services to retail and institutional clients within the UAE. This marks a significant step in Bybit's global market expansion and reflects the UAE's support for the cryptocurrency industry and the enhancement of its regulatory framework.

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