Hong Kong and Dubai Offices of Global Law Firm Norton Rose Fulbright Advised Cryptocurrency Exchange Bybit to Enter UAE Market

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DUBAI, UAE/ACCESSWIRE/April 11, 2022/ Bybit is the third most visited cryptocurrency exchange in the world and one of the few crypto-related companies operating in the United Arab Emirates. It offers online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients worldwide.

Norton Rose Fulbright helped Bybit set up new sites for its technology and software business, investment arm and headquarters in the UAE DWTC and DIFC free zones. The firm’s FinTech practice advised the company on crypto-related issues and technology support, and infrastructure activities. The Dubai office, headed by Jonathan Burton and Kayaan Unwalla, also conducted negotiations with the competent regulators for the establishment of companies in the region.

Jonathan Burton, corporate lawyer at Norton Rose Fulbright Dubai, said: “We are delighted to have been able to help Bybit establish a presence in the United Arab Emirates. This is an exciting new sector, where there are huge opportunities, and we look forward to seeing its continued growth in the region over the coming months.”

Ben Zhou, Co-Founder and CEO, said, “We are excited to serve global users from our new home in the UAE through the Bybit platform, a one-stop crypto destination. The UAE’s forward-thinking vision for s “establishing as a global digital hub is a perfect fit with Bybit’s culture of innovation. Norton Rose Fulbright’s guidance was instrumental in helping Bybit obtain this license, it is a pleasure to work with them. They are very oriented customer, quickly find solutions and can be counted on to deliver in the most stressful situations.”

Harold Tin, Corporate Partner at Norton Rose Fulbright Hong Kong, said, “We are honored to be Bybit’s trusted advisors in expanding its global footprint. Advising our FinTech clients on their expansion into the region marks an exciting step in our global service offering.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find a super-fast matching engine, excellent customer service, and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients worldwide, and strives to be the most trusted exchange for the emerging digital asset class. Bybit is a proud partner of Formula 1 racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For media inquiries, please contact: press@bybit.com

For more information, please visit: https://www.bybit.com/

For updates, please follow Bybit’s social media platforms at

About Norton Rose Fulbright

We provide the world’s largest corporations and financial institutions with a comprehensive business law service. We have over 3,700 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa. Recognized for our industry focus, we are strong in all key industry sectors: financial institutions; energy, infrastructure and resources; consumer markets; transportation; Technology; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience and knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing face their activities. Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest level of legal service possible in each of our offices and to maintain this level of quality at every point of contact. Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities around the world, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.

CONTACT

For media inquiries, please contact: press@bybit.com

For more information, please visit:

https://www.bybit.com/

THE SOURCE: per bit

See the source version on accesswire.com:
https://www.accesswire.com/696855/Global-Law-Firm-Norton-Rose-Fulbrights-Hong-Kong-and-Dubai-Offices-have-Advised-Cryptocurrency-Exchange-Bybit-on-Entering-the- UAE Market

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