At a conference held in Dubai, CEO and co-founder of Bybit, Ben Zhou, presented the company's ambitious plans for development, emphasizing real-world cryptocurrency applications and new user tools.
Vision for the Future of Cryptocurrency
Ben Zhou, in his keynote address, stressed that cryptocurrency is moving away from mere speculation. The core focus of the new approach aims to create real applications for cryptocurrencies: "Crypto is no longer just about speculation — it’s about real world application." Bybit intends to redefine what success looks like in the crypto industry.
Security and Compliance with Standards
The company emphasized its commitment to security standards and transparency. Zhou announced that Bybit is fully compliant with the EU's Markets in Crypto-Assets Regulation (MiCAR). He stated, "sustainability in crypto begins with trust and transparency," highlighting the importance of compliance for industry growth.
New Tools for Users
Bybit introduced the upgraded Bybit Lite platform designed for casual users, as well as a new Bybit Card that simplifies the use of cryptocurrencies for everyday expenses. According to Zhou, the card will be the next step towards integrating cryptocurrencies into daily life.
Ben Zhou's keynote marked a pivotal moment for Bybit's new initiatives aimed at creating a sustainable, secure, and user-friendly crypto space.