in blurt •  2 months ago 

🚀 Bybit Opens Registration for Chinese Users!


🌟 The cryptocurrency exchange Bybit has seemingly started offering services in mainland China, even though it’s listed as an excluded jurisdiction.

📰 According to journalist Colin Wu, PRC customers can now verify their accounts with an ID card, passport, driver’s license, or residence permit.

📜 Despite the terms of service stating otherwise, data shows that Chinese users could number in the tens of millions. Most competitors have already opened registration for them.

😨 However, this move has caused some panic among Bybit’s employees. The platform also withdrew its license application in Hong Kong after being warned by the local regulator against serving clients from China.

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