
Bybit wins Dubai VARA licence for spot crypto trading
Bybit's Dubai unit secured a VARA licence for spot exchange services on October 22, adding a sixth regulatory approval to its 2026 tally — derivatives are not covered.
7 stories on crypto from MarketRadar.

Bybit's Dubai unit secured a VARA licence for spot exchange services on October 22, adding a sixth regulatory approval to its 2026 tally — derivatives are not covered.

Payward received conditional approval from Kazakhstan's AFSA to run a digital-asset trading and custody business inside the AIFC zone.

The AIFC court issued injunctions against Coinbase, BingX, Bitcoin.com, HTX, BitMart and WEEX for operating without licenses, extending the crackdown to Google and Apple's app stores.

Coinglass data shows smart-money accounts for XRP have gone extremely bearish on Binance and Bybit — even as the token recovers to $1.40 from its $1.31 low.

Bitcoin tumbled under $84,000 on Wednesday after Iran escalated strikes on commercial tankers transiting the Strait of Hormuz. Brent crude surged past $101, and crypto derivatives markets answered with roughly $547 million in liquidations — overwhelmingly long positions caught on the wrong side.

An activist investor wants Polygon to scrap POL's 2% annual inflation and fund buybacks from the treasury. With POL at $0.11 and down 86% from its 2024 peak, the math behind the proposal is worth a look.

Vlad Tenev told CNBC that crypto-linked event contracts already account for a growing slice of the company's event-contract business, with sports wagers expected to shrink to a minority within a few years.