TLP Advisors is proud to have supported Bybit in securing the UAE's Federal Virtual Asset Platform Operator (Exchange) Licence from the Capital Markets Authority (formerly the SCA)—a landmark achievement for both Bybit and the UAE's rapidly evolving virtual asset ecosystem.
The licence marks a defining milestone for Bybit and reflects the UAE's continued leadership in building a robust, innovation-friendly regulatory framework for digital assets. The achievement underscores how regulatory clarity and collaboration can enable compliant growth and set global benchmarks for virtual asset platforms.
TLP Advisors worked closely with Bybit throughout the licensing journey, engaging constructively with the regulator to interpret and implement evolving regulatory frameworks and ensure alignment at every stage of the process. This collaborative approach was instrumental in navigating the regulatory requirements and achieving a successful outcome.
TLP Advisors extends its congratulations to the Bybit leadership and project team for reaching this important milestone and acknowledges the continued guidance and support of The Blockchain Centre Abu Dhabi throughout the process. The firm also expresses sincere appreciation to the SCA's Virtual Assets Supervision team for their thoughtful guidance and collaborative engagement.
This milestone reflects a broader regional trend, with the UAE positioning itself as a global hub for digital asset innovation—demonstrating that strong governance, regulatory certainty, and technological advancement can progress hand in hand.