Bybit sets to begin spot trading
World’s largest derivatives-only crypto exchange Bybit, after sitting comfortably at the top of the derivatives lane has announced that it is set to enters the spot trading market. According to Ben Zhou, CEO of Bybit , the move also includes intentions to start offering options trading later this year. The Singapore-based cryptocurrency exchange will introduce […]
Bybit exchange implements Know Your Customer (KYC) rules
The world’s fifth-largest cryptocurrency derivatives exchange Bybit is implementing KYC rules to improve security and the exchange also believes the addition will lead to a significant increase in trading volumes. Bybit, the world’s fifth-largest bitcoin derivatives exchange by trading volume, is considering implementing Know Your Customer regulations. The Singapore-based firm made repeated announcements about implementing […]
Bybit Under Hearing By Canadian Regulator For Alleged Violations Of Securities Law
The panel said Bybit exposes local investors to “unacceptable risks and creates an unbalanced competitive environment in the field of crypto-asset trading platforms.” A notice was issued by the Ontario Securities Commission indicating that it will hold a hearing on Bybit on cryptocurrency exchanges that allegedly “circumvented” Canadian securities laws. In a Monday notice from […]