Ibahagi ang artikulong ito
Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
Crypto.com is establishing an office in Dubai while Bybit is moving its global HQ.
Some of the biggest cryptocurrency exchanges in the world now plan to establish hubs in Dubai after the emirate announced the creation of a crypto-friendly regulatory regime.
Crypto.com announced on Monday that it plans to establish an office in Dubai and will launch a "substantial recruitment drive" in the months ahead to build its presence there. Bybit also revealed plans to move its global headquarters to Dubai after having received in-principle approval to "conduct a full spectrum" of virtual assets business in the emirate.
STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter
The moves, announced on the same day, come weeks after Dubai revealed its intention to create a regulatory and licensing authority for virtual assets businesses. After the announcement, FTX Europe and Binance obtained operational licenses in quick succession.
Earlier this month, the UAE's financial markets regulator also said that it was close to issuing a regulatory framework for digital assets.
The Emirate of Dubai is one of seven emirates forming the nation of the United Arab Emirates (UAE). Another emirate, Abu Dhabi, has also been aggressive in its aim to become a crypto hub.
The apparent endorsement of digital assets comes as welcome news to crypto firms, especially given the mixed signals coming from other jurisdictions.
Read more: Crypto Payments Firm Wirex Withdraws From FCA's Register as Deadline Looms
For example, Singapore, the home of Crypto.com and the previous headquarter of Bybit, looked to curb the visibility of crypto firms before the public with new rules in January limiting the ability of such firms to advertise.
The Monetary Authority of Singapore stated that crypto is "highly risky and not suitable for the general public" and so digital payment token (DPT) service providers "should not promote their DPT services to the general public."
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand
Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
Ano ang dapat malaman:
- Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a Reuters report.
- The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
- Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
Top Stories
