CDS Crypto News Bybit Opens Global Headquarters in Dubai
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Bybit Opens Global Headquarters in Dubai

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Bybit Opens Global Headquarters in Dubai

Bybit, a cryptocurrency exchange, announced yesterday that it had opened its worldwide headquarters in Dubai.

Bybit Opens Global Headquarters in Dubai

On the basis of in-principle approval to relocate its global headquarters to the city, it announced ambitions to establish itself in the emirate over a year before the launch.

“As one of the most progressive digital assets hubs in MENA and the world, Dubai is optimally positioned to capture the opportunities in the sector,”

Ben Zhou, CEO and co-founder of the exchange platform

Why was Dubai Chosen?

Aspired crypto hub in the area, Dubai is one of the seven emirates that make up the United Arab Emirates (UAE). Therefore, it seems to sense that Dubai was the exchange platform’s choice.

References

www.coindesk.com

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