Bybit Receives VASP License from Georgia’s National Bank – Cryptonews

Bybit has recently been granted a VASP license by Georgia’s National Bank, as reported by Cryptonews. This license allows Bybit to operate as a Virtual Asset Service Provider in Georgia. The approval from the National Bank signifies that Bybit has met the necessary regulatory requirements to conduct virtual asset activities in the country. This license is an important milestone for Bybit as it expands its presence in the cryptocurrency market. It also demonstrates Bybit’s commitment to compliance and regulatory standards in the industry. With this license, Bybit will be able to offer its services to customers in Georgia, further solidifying its position as a trusted platform for cryptocurrency trading.