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ABU DHABI, UAE, Dec. 17, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, was represented by its CEO and co-founder Ben Zhou at a fireside chat held on December 12 during Breakpoint 2025, Solana's annual global conference hosted in Abu Dhabi from December 11 to 13. Zhou joined Lily Liu, President of the Solana Foundation, for a discussion on where the crypto industry is heading next. The conversation took place shortly after Bybit marked its seventh anniversary, a milestone Zhou said reflects the platform's resilience and growing global user base during a period of rapid industry evolution.
Licensing and Compliance as Core Priorities
Zhou said the past two years have marked a shift in Bybit's operational priorities as the company concentrated on securing regulatory approvals in key markets. "This year for me is really focused on compliance and getting licensed," he said. He noted that Bybit was "one of the early exchanges to secure a license from the UAE's Securities and Commodities Authority (SCA)" and also obtained licensing under Europe's MiCA framework. He added that markets across Southeast Asia, including Thailand, Vietnam and Indonesia, are preparing for broader onboarding into crypto.
For Bybit, regulatory alignment goes hand in hand with building trusted access points. "The role of the exchange now is really how do we connect to the local banks and become the place for people that haven't been onboarded into crypto," Zhou said.
Expanding Payment Access in Emerging Markets
Zhou highlighted strong adoption in Latin America, the CIS region and Africa. He also noted that in underbanked markets crypto platforms are increasingly used as primary financial interfaces. "In several markets where Bybit holds local regulatory approvals, users often rely on crypto exchanges much like banks. We give them a crypto card they can use, and at the same time they have an earn program and can even buy structured products," he said.
Zhou added that expanding payment functionality is driving real-world utility and contributing to the platform's continued global user growth.
Byreal and the Move Toward Decentralized Liquidity
Zhou discussed Byreal, the decentralized exchange incubated by Bybit and built on Solana, highlighting liquidity as its core strength. "We want to make sure that the DEX has really good liquidity," he said, noting that trading activity is already "being routed to Byreal because the liquidity and the spread is quite good."
He also outlined how Bybit refined its broader product strategy, saying the company discontinued its wallet project after determining the category lacked user stickiness. "I don't see a competitive stickiness on wallets," he said, explaining that users often choose wallets based on airdrops or ecosystem access rather than loyalty.
He contrasted that with the durability of decentralized exchanges. "DEX is where trading happens," Zhou said, pointing to a broader market shift in which liquidity, including derivatives activity, is moving from centralized exchanges to platforms such as Hyperliquid. He said this trend reinforces Byreal's focus on execution quality and depth of markets.
Zhou closed by reaffirming Bybit's focus on building compliant, accessible infrastructure while driving innovation across decentralized markets. The exchange's seven-year track record reflects its commitment to reliability, strong user growth and the ability to adapt to rapidly changing global market conditions.
#Bybit / #TheCryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
ABU DHABI, UAE, Dec. 17, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, was represented by its CEO and co-founder Ben Zhou at a fireside chat held on December 12 during Breakpoint 2025, Solana's annual global conference hosted in Abu Dhabi from December 11 to 13. Zhou joined Lily Liu, President of the Solana Foundation, for a discussion on where the crypto industry is heading next. The conversation took place shortly after Bybit marked its seventh anniversary, a milestone Zhou said reflects the platform's resilience and growing global user base during a period of rapid industry evolution.
Licensing and Compliance as Core Priorities
Zhou said the past two years have marked a shift in Bybit's operational priorities as the company concentrated on securing regulatory approvals in key markets. "This year for me is really focused on compliance and getting licensed," he said. He noted that Bybit was "one of the early exchanges to secure a license from the UAE's Securities and Commodities Authority (SCA)" and also obtained licensing under Europe's MiCA framework. He added that markets across Southeast Asia, including Thailand, Vietnam and Indonesia, are preparing for broader onboarding into crypto.
For Bybit, regulatory alignment goes hand in hand with building trusted access points. "The role of the exchange now is really how do we connect to the local banks and become the place for people that haven't been onboarded into crypto," Zhou said.
Expanding Payment Access in Emerging Markets
Zhou highlighted strong adoption in Latin America, the CIS region and Africa. He also noted that in underbanked markets crypto platforms are increasingly used as primary financial interfaces. "In several markets where Bybit holds local regulatory approvals, users often rely on crypto exchanges much like banks. We give them a crypto card they can use, and at the same time they have an earn program and can even buy structured products," he said.
Zhou added that expanding payment functionality is driving real-world utility and contributing to the platform's continued global user growth.
Byreal and the Move Toward Decentralized Liquidity
Zhou discussed Byreal, the decentralized exchange incubated by Bybit and built on Solana, highlighting liquidity as its core strength. "We want to make sure that the DEX has really good liquidity," he said, noting that trading activity is already "being routed to Byreal because the liquidity and the spread is quite good."
He also outlined how Bybit refined its broader product strategy, saying the company discontinued its wallet project after determining the category lacked user stickiness. "I don't see a competitive stickiness on wallets," he said, explaining that users often choose wallets based on airdrops or ecosystem access rather than loyalty.
He contrasted that with the durability of decentralized exchanges. "DEX is where trading happens," Zhou said, pointing to a broader market shift in which liquidity, including derivatives activity, is moving from centralized exchanges to platforms such as Hyperliquid. He said this trend reinforces Byreal's focus on execution quality and depth of markets.
Zhou closed by reaffirming Bybit's focus on building compliant, accessible infrastructure while driving innovation across decentralized markets. The exchange's seven-year track record reflects its commitment to reliability, strong user growth and the ability to adapt to rapidly changing global market conditions.
#Bybit / #TheCryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Bybit CEO Highlights Compliance and Decentralized Innovation at Solana Breakpoint 2025
Books Link China and Latin America, Ushering in a New Chapter of Cultural Dialogue
BEIJING, May 9, 2026 /PRNewswire/ -- On April 23, the 2026 Buenos Aires International Book Fair kicked off its 50th edition, a flagship event in the Spanish-speaking world gathering over 1,500 exhibitors from 40+ countries and regions.
Organized by China National Publications Import and Export (Group) Co., Ltd., China's leading publishers participated with engaging displays and events, becoming a standout highlight.
China Pavilion: A Cultural Gateway
Under the theme Reading China, the China pavilion sits in a prime spot, blending Eastern charm with modern design. It features 600+ titles and a special Sino-Argentine literary exhibition, drawing local readers and industry insiders. A reader from Córdoba, Argentina, told reporters at the pavilion: "China and Argentina are geographically distant, but both our literatures share profound themes of patriotism, family and friendship. I hope to read more works by Chinese writers."
Diverse Cultural and Publishing Exchanges
The delegation hosted 11 events, including the Sino-Argentine Contemporary Literary Dialogue and industry cooperation seminars. Radina Dimitrova, renowned sinologist from the National Autonomous University of Mexico, noted that books serve as a timeless path of culture and ink bridging China and Argentina, highlighting the power of literary exchange to foster mutual understanding.
Paula Pampín, Editor-in-Chief of Argentina's Ediciones Corregidor, emphasized that books should be regarded not merely as commercial commodities but as the most effective vehicle for cultural diplomacy. She stressed the value of direct Chinese-to-Latin American Spanish translation, avoiding filtered interpretations via European languages, and called for stable long-term cooperation such as joint publishing initiatives.
The events also covered university sessions, poetry sharing, copyright collaboration, co-publishing and overseas distribution. Delegates held in-depth B2B talks with representatives from CLACSO, the Peruvian cultural delegation and Argentine Book Chamber.
Heritage Demonstrations Captivate Fair-goers
An intangible cultural heritage event, showcasing paper-cutting, calligraphy and traditional performances, delighted visitors, forging warm cultural connections through interactive displays.
Growing Ties for Years to Come
Tailored for Spanish-speaking audiences, the exhibition highlighted diverse localized publications. Moving forward, Chinese publishers will deepen copyright cooperation, literary exchanges and academic ties with Latin America, strengthening cross-cultural bonds.
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Chinese Publishing Delegation Takes Center Stage at 2026 Buenos Aires International Book Fair
