Bybit’s Dubai entity has been authorised by the Virtual Assets Regulatory Authority as a Virtual Asset Service Provider, covering spot trading and adding to its broader Dubai presence
22 October 2026Switzerland Reporter: Matthew Challis
The Swiss-regulated company aims to provide authorised firms with working capital across markets to pre-fund payment flows, underpinned by Ripple’s stablecoin RLUSD
The distributed ledger technology Trading and Settlement System licence allows Seturion, the group’s digital settlement platform for tokenised assets, to operate as pan-European post-trade infrastructure
The issuance was carried out through Luxembourg’s central securities depository, LuxCSD, leveraging the digital post-trade platform D7 DLT from its parent company, Clearstream
The service is regulated by the UK Financial Conduct Authority, giving hedge funds, asset managers, and family offices, among others, access to calls and puts booked through GCEX’s OTC desk
The US dollar-denominated deposit token supports peer-to-peer transfers between institutional clients within the Ethereum Virtual Machine ecosystem, including Layer 2 blockchain Base
Securitize will mint and redeem stablecoins directly with Anchorage Digital Bank, which also handles custody and settlement, forgoing the need to use intermediaries for stablecoin sourcing
The US Office of the Comptroller of the Currency’s final rule is designed to implement the act and establishes requirements for permitted and foreign payment stablecoin issuers and certain regulated custody activities
Elizabeth Rossiello joins B2C2 as chief operating officer from a Kenya-based AZA finance, as the firm looks to expand its cross-border payment services
The fund class has been introduced for deployment within Generali Group’s investment activities, making it the first step in the development of a broader tokenised investment offering
The trade was executed in Bitcoin as part of 24X’s partnership with Standard Chartered, which also acted as the liquidity taker, with Wintermute serving as the liquidity provider
