Public Statement 26 of 2023 - Bybit Fintech Limited (2023-10-18)

Summary

This is a public statement from the BVI Financial Services Commission (FSC) warning that Bybit Fintech Limited is no longer a registered BVI company and has never been licensed or regulated by the FSC for any financial services business, despite some websites suggesting it is incorporated in the Virgin Islands.

• Incorporation: Bybit Fintech Limited was incorporated on 22 August 2018 under the BVI Business Companies Act, 2004.
• Strike off: Bybit was struck off the Register of Companies on 10 December 2021 following the resignation of its Registered Agent.
• Dissolution: The company was subsequently dissolved on 4 July 2023 and is no longer registered under the BVI Business Companies Act.
• Licensing status: Bybit has never been licensed or regulated in the Virgin Islands to carry on any type of financial services business.
• Legal basis: The statement is issued by the FSC pursuant to Section 37A(1) of the FSC Act to protect the public interest and any customers or creditors of Bybit.

This is a purely informational alert with no compliance obligations imposed on regulated entities; it serves to warn the public and customers/creditors of Bybit that the entity is not a validly registered or licensed BVI company.

Applies to

General public, Customers or creditors of Bybit Fintech Limited