Cryptocurrency Q&A Is Bybit licensed in Hong Kong?

Is Bybit licensed in Hong Kong?

AzureWave AzureWave Wed May 08 2024 | 5 answers 1330
I'm quite curious about Bybit's legal status in Hong Kong. As a professional trader, I always prioritize safety and legality when selecting a trading platform. Could you please clarify whether Bybit holds a valid license to operate in Hong Kong? If so, could you provide me with more information about the specific license they hold and the regulating authority that granted it? Additionally, are there any specific rules or regulations that Bybit must adhere to while operating in Hong Kong? Thank you for your assistance in clarifying this matter. Is Bybit licensed in Hong Kong?

5 answers

CryptoTitan CryptoTitan Fri May 10 2024
Despite the Securities and Futures Commission's (SFC) statement on Thursday, Bybit has continued to offer cryptocurrency investment products to investors in Hong Kong.

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mia_rose_lawyer mia_rose_lawyer Fri May 10 2024
According to the SFC, the exchange is currently under scrutiny due to its offering of suspicious virtual-asset trading products.

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Lorenzo Lorenzo Fri May 10 2024
It is noteworthy that no entity within the Bybit group holds a license to operate in Hong Kong.

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KatanaSwordsmanship KatanaSwordsmanship Thu May 09 2024
BTCC, a UK-based cryptocurrency exchange, also provides a range of services to its customers.

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Riccardo Riccardo Thu May 09 2024
Among these services, BTCC offers spot trading, futures trading, and wallet solutions.

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