DUBAI, UAE, March 9, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, at present introduced the appointment of Derek Dai as Nation Supervisor for the Center East and North Africa (MENA), reinforcing the corporate’s long-term dedication to the United Arab Emirates as a strategic hub for digital asset innovation.
On this position, Derek will lead Bybit’s regional technique throughout MENA, overseeing market growth, regulatory collaboration, institutional partnerships, and localized product growth as the corporate continues to strengthen its regulated footprint following its latest Securities and Commodities Authority (SCA) license.
“The UAE gave Bybit a house. You don’t abandon your house when the storm comes — you stand within the doorway,” mentioned Helen Liu, co-CEO of Bybit. “Some corporations are reassessing their Gulf publicity proper now. We’re doing the other. We’re deepening our presence, our funding, and our dedication to this area.”
Bybit’s appointment of Derek comes at a pivotal second for the area — a call made not regardless of the present geopolitical uncertainty, however due to it.
A Strategic Second for the Center East
“The Center East is rising as some of the essential areas shaping the way forward for digital finance, with the UAE main the best way in constructing a progressive and well-regulated ecosystem,” mentioned Derek Dai, Nation Supervisor for MENA at Bybit.
“Our precedence is to deepen collaboration with monetary facilities equivalent to DIFC and DMCC, whereas strengthening the infrastructure that connects digital property with on a regular basis monetary providers and advancing the event of tokenized real-world property that bridge conventional finance and the digital asset economic system.”
“Within the coming months, we are going to concentrate on increasing AED fiat entry, constructing partnerships with banks and fee suppliers, and enhancing our Islamic finance choices via the event of extra Shariah-compliant merchandise,” Derek added. “By working carefully with regulators, establishments, and builders, we goal to help the subsequent part of accountable digital asset adoption throughout the Center East, whereas increasing our presence throughout the GCC, with Bahrain representing one of many subsequent key milestones for Bybit within the area.”
Constructing Lengthy-Time period Roots within the UAE
Bybit views the UAE not solely as a market, however as a strategic bridge between conventional monetary programs and the rising digital asset economic system.
As a part of its dedication to the local people, the corporate partnered with the Emirates Purple Crescent throughout Ramadan to help the Iftar Tent initiative, offering meals all through the holy month and organizing worker volunteer actions to help households and people in want.
Amid the latest geopolitical tensions within the Center East, Bybit has additionally taken proactive steps to make sure the security and well-being of its UAE-based workers whereas sustaining secure providers for its world customers. The corporate activated complete Enterprise Continuity Protocols (BCP) throughout its Dubai and Abu Dhabi operations, introducing each day administration check-ins, real-time worker security confirmations, and relocation or journey help for employees in delicate areas.
“Bybit’s dedication to the UAE was made for the long run — via development and thru adversity,” mentioned Helen. “We proceed to put money into native expertise, regulatory compliance, and neighborhood partnerships. The UAE’s imaginative and prescient to turn out to be the world’s main digital asset hub isn’t diminished by this disaster. If something, the resilience this nation is exhibiting solely reinforces why we selected to construct right here.”
“Our customers within the UAE, Saudi Arabia, Qatar, and throughout the Gulf must know one factor: Bybit is open, Bybit is liquid, and Bybit is staffed across the clock,” Derek added. “Your funds are protected. Your entry is uninterrupted. We aren’t going offline, and we aren’t leaving.”
A Message to the UAE Group
“To our whole UAE household — our customers, our companions, our colleagues, and each household throughout the Emirates — Bybit stands with you,” mentioned Helen Liu. “We want security, power, and peace to everybody affected by this battle. The UAE has proven the world what braveness and resilience appear to be, and we’re honored to face alongside this neighborhood. We’re right here at present, we can be right here tomorrow, and we can be right here lengthy after this disaster passes.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a world neighborhood of over 80 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating an easier, open and equal ecosystem for everybody. With a robust concentrate on Web3, Bybit companions strategically with main blockchain protocols to offer strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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