Bybit to expand in Middle East, strengthening investment and personnel

Bybit has reaffirmed its commitment to expanding in the Middle East and North Africa (MENA) market, even amid rising regional tensions. According to Cointelegraph, the exchange recently appointed Derek Dai as its MENA regional country manager to oversee market expansion, regulatory cooperation, and the development of institutional partnerships. Bybit plans to expand its UAE Dirham-based services, enhance collaboration with banks and payment companies, and focus on building financial infrastructure for digital assets, including tokenized real-world assets (RWA).