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Cryptocurrency Exchange Bybit Reveals Its Future Strategy

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by Giorgi Kostiuk

2 hours ago


At a recent conference in Dubai, the cryptocurrency exchange Bybit presented its new achievements and future plans, emphasizing the importance of innovation and security in the crypto industry.

Key Achievements of Bybit

Bybit celebrated significant achievements, including 74 million users and recognition that one in eight crypto enthusiasts worldwide has chosen this platform. CEO and co-founder Ben Zhou emphasized that 'crypto is no longer just speculation — it's about real-world application.'

New Standards for Security and Compliance

Bybit reaffirmed its commitment to compliance standards, announcing full integration with the EU's MiCAR regulation and registration with FIU-India. The statement came in the wake of a recent cyberattack on one of its vendors, after which the company conducted nine security audits and implemented over 50 new security measures.

Conclusions and Future of the Crypto Industry

The event also announced Bybit's new asset management platform, which has already attracted over $150 million. Ben Zhou stated, 'We believe crypto should be usable, secure, and powerful enough to serve everyone.'

In its keynote, Bybit emphasized the importance of trust and transparency in the crypto industry, highlighting its efforts to ensure a superior experience for users.

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