Crypto trade Bybit has revealed that it has acquired a license to function as an trade and custodial service in Cyprus. The world’s third most visited cryptocurrency trade will start providing buying and selling between crypto-fiat foreign money pairs and crypto-related monetary companies.
Cyprus is the third most populous island within the Mediterranean with a inhabitants of 1.2 million. In a press launch, Ben Zhou, Bybit’s founder and CEO, defined the significance of increasing the group’s international presence, emphasizing the position of cryptocurrencies as a method to abandon the previous monetary system:
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