Malaysia / Firms / Bybit

Bybit

Bybit: reprimanded by the SC for operating a digital asset exchange in Malaysia without registration.

Status

Reprimanded by the SC · checked 21 Oct 2026
Digital asset exchanges must be registered with the SC as Recognized Market Operators (Capital Markets and Services Act 2007).

SC enforcement

On 27 December 2024 the SC announced that it had reprimanded Bybit Technology Limited (previously Bybit Fintech Limited) and its CEO for operating a digital asset exchange in Malaysia without registration; Bybit had been on the SC's Investor Alert List since July 2021. Bybit was directed to disable its website and apps in Malaysia within 14 business days from 11 December 2024, stop advertising to Malaysian investors and close its Telegram support group for Malaysians. The SC said Bybit had complied with all of its directives. SC media release, 27 Dec 2024 official

SC register

No name on the SC's list of registered digital asset exchanges (as of 20 Jul 2026) carries the name Bybit. SC list of registered digital asset exchanges (as of 20 Jul 2026) official

Type

Not applicable · global brand (Type)

Public statement

Not applicable.

History

No dated events.

Read More

• Only 5 Crypto Exchanges Are Registered in Malaysia. None of the 10 Global Exchanges We Checked Is One of Them
• Malaysia's Securities Regulator Has Reprimanded Binance and Bybit for Running Unregistered Exchanges

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