Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Cal...

Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Cal...

Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position in correspondence with partners. Bybit Reportedly Vows to ‘Not Discriminate Against Crypto Users Based on Location and Passport’ Singapore-based crypto exchange Bybit will not restrict users from the Russian Federation, despite the city-state’s central bank reiterating this week that licensed coin....


Related News

ByBit: Exciting Welcome Rewards of up to $20 BTC Await

Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks on Bybit. Bybit Evergreen Campaign Sounds like a good deal? No doubt it is. Here’s the steps to follow: Step 1: Register for an account on Bybit Step 2: Verify identity via KYC Level 1 Step 3: Make a first-time deposit or trade....

FTX Files $953 Million Lawsuit Against ByBit Exchange – Details

Insolvent FTX exchange has laid serious allegations against rival crypto exchange, ByBit, filing a $953 million lawsuit against the Dubai-headquartered exchange on Friday in a court in Delaware, United States.  FTX had stated that Mirana, an investment arm of ByBit, had been an avid user of the FTX crypto exchange for years and had an […]

Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders.” Bybit Says Companies and Individual Clients Mandated to Complete Systematic KYC Policy by July 12 The cryptocurrency derivatives exchange Bybit plans to introduce a systematic KYC element to the platform by July 12. The exchange is letting customers....

Bybit partners with Cabital to offer EUR and GBP fiat onramps

Cabital's fiat-to-crypto on and off ramp service reportedly allows Bybit customers to purchase cryptocurrencies at reduced gas costs. Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital's fiat on-ramp solution, with no transfer fees between their Bybit and Cabital wallets. According to the release, Cabital's fiat-to-crypto on and off ramp service allows Bybit customers to....

Bybit’s Jolly Jamboree: Trade and Win Tesla Model 3, iPhone 13 and More

‘Tis the season of giving and Bybit, one of the world’s fastest growing cryptocurrency exchange and trading platforms, wants to give back to its users. Users can now celebrate Christmas with Bybit through Jolly Jamboree, where they can win amazing prizes by completing a series of simple tasks. The festive assortment of gifts in Bybit’s sleigh includes Amazon gift cards, an iPhone 13, and the best prize of all — a Tesla Model 3. It’s easy for users to add a little more Christmas sparkle to their holiday haul. From Dec. 22, 2021, 10AM UTC to Jan. 12, 2022,....