{"id":99026,"date":"2024-11-06T17:22:40","date_gmt":"2024-11-06T21:22:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99026"},"modified":"2024-11-06T17:24:39","modified_gmt":"2024-11-06T21:24:39","slug":"bybit-receives-georgian-vasp-license","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bybit-receives-georgian-vasp-license\/","title":{"rendered":"Bybit Receives Georgian VASP License"},"content":{"rendered":"\n<p>After being approved in the Netherlands and Kazakhstan, Bybit has been granted another <a href=\"https:\/\/coinscreed.com\/staging\/binances-dubai-branch-receives-vasp-license.html\" target=\"_blank\" data-type=\"post\" data-id=\"82710\" rel=\"noreferrer noopener\">VASP license<\/a>.\u00a0<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395-1024x576.jpeg\" alt=\"Bybit Receives Georgian VASP License\" class=\"wp-image-99027\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Bybit Receives Georgian VASP License<\/figcaption><\/figure>\n\n\n\n<p>As part of its ongoing efforts to comply with international regulations, <a href=\"https:\/\/coinscreed.com\/staging\/zipmex-cryptocurrency-exchange-to-pay-creditors-3-cents-per-dollar.html\" target=\"_blank\" data-type=\"post\" data-id=\"65784\" rel=\"noreferrer noopener\">cryptocurrency exchange<\/a> Bybit has secured a Virtual Asset Service Provider license from Georgia's National Bank. <\/p>\n\n\n\n<p>The exchange said in a press release on November 5 that its Georgian registration enables it to function within the nation's expanding ecosystem, which is consistent with Bybit's objective of fostering the growth of the cryptocurrency economy in new areas.<\/p>\n\n\n\n<p>Bybit chief executive Ben Zhou noted that the registration highlights the exchange's commitment to &#8220;providing users in Georgia with a secure and compliant platform, further contributing to the region's ambition of becoming a hotbed for<a href=\"https:\/\/elitex.systems\/blog\/blockchain-technology-benefits\/\" target=\"_blank\" rel=\"noreferrer noopener\"> blockchain innovation<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Georgia Bets on Crypto<\/h2>\n\n\n\n<p>In the meantime, the cryptocurrency community is taking notice of Georgia. As previously reported, Ripple executives recently discussed the use of blockchain for <a href=\"https:\/\/coinscreed.com\/staging\/malaysia-new-regulations-for-aicloud-computing.html\" target=\"_blank\" data-type=\"post\" data-id=\"95540\" rel=\"noreferrer noopener\">economic digitalization<\/a> with Natia Turnava, the governor of the National Bank. <\/p>\n\n\n\n<p>A central bank spokesman acknowledged that the emphasis of the discussions was &#8220;exploring potential avenues for collaboration in the digitalization of the Georgian economy.&#8221; However, specifics of the discussions have not been made public.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After being approved in the Netherlands and Kazakhstan, Bybit has been granted another VASP license.\u00a0 As part of its ongoing efforts to comply with international regulations, cryptocurrency exchange Bybit has secured a Virtual Asset Service Provider license from Georgia&#8217;s National Bank. The exchange said in a press release on November 5 that its Georgian registration [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":99027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[662,4316,9191],"class_list":["post-99026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-bybit","tag-georgia","tag-vasp"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925452395.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99026"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99027"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}