Bybit CEO Ben Zhou announced that the exchange has been taken off the Securities Commission Malaysia's investor alert list, crediting what he called "constructive" engagement with the regulator and alignment with local compliance requirements. The removal marks a meaningful shift in Bybit's standing in one of Southeast Asia's most active crypto markets.
Zhou also pointed to Bybit's recent lead investment in Hata, a Malaysia-based platform holding local licenses, as evidence of the firm's commitment to regulated infrastructure in the region. He framed licensed local entities as essential to long-term industry growth and user trust, describing Malaysia as a priority market for broader regional crypto adoption.
The move signals a wider trend of major exchanges pursuing regulatory clarity rather than operating in grey zones — a dynamic that tends to expand the addressable user base and…
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