Bybit reported securing five additional regulatory approvals during 2026 across the European Union, the Cayman Islands, Indonesia, South Africa, and El Salvador.

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The SEC issued a five-year temporary Innovation Exemption allowing Tokenized Securities Venues to facilitate trading of tokenized NMS stocks using automated market makers without registering as national securities exchanges.

Polygon Labs completed its acquisition of Coinme in October 2026, acquiring 37 state money-transmitter licenses and 11 exemptions across 48 US states.

The French Senate's crypto tax data sharing bill is based on the OECD's Crypto-Asset Reporting Framework (CARF).

The OECD's Crypto-Asset Reporting Framework sets common international standards for participating jurisdictions to collect and automatically exchange information on cryptocurrency transactions.

The Coinme deal provided Polygon with a Money Services Business registration with the Financial Crimes Enforcement Network (FinCEN).

The French Senate passed a bill on October 27, 2026, enabling tax authorities to automatically exchange cryptocurrency transaction data with international counterparts.

The Central Bank of Brazil introduced new regulatory requirements covering capital capacity, governance, auditing, customer asset safeguards, technology, and anti-money laundering controls.

Strict capital and compliance rules mandated by the Central Bank of Brazil are forcing many smaller crypto firms to exit the Brazilian market.

The Central Bank of Brazil set an October 30, 2026 deadline for existing virtual asset service providers to submit authorization applications to keep operating while under review.

The Illinois Department of Revenue's proposed crypto tax rules classify decentralized cryptocurrency exchanges as digital asset brokers required to collect taxes and file transaction returns.

Mudrex's public compliance page did not present a response to the Enforcement Directorate's October 29, 2026 allegations.

Coinbase secured an e-money license in Ireland in 2019 and later obtained a MiCA license in Luxembourg in June 2025 to serve customers across the European Union.

Coinbase Ireland appointed a dedicated safeguarding officer in December 2024 and added a €25 million guarantee bond to strengthen its oversight controls.

The November 2025 enforcement action against Coinbase Europe involved over 30 million unmonitored transactions worth over €176 billion, resulting in 2,708 late suspicious transaction reports.

Bybit established its international headquarters in Dubai in 2022 and appointed former VARA general counsel Peter Loo as Chief Legal and Compliance Officer in August 2026.

VARA maintains separate regulatory requirements and risk guidelines specifically for cryptocurrency derivatives trading, including client eligibility and margin rules.

Bybit previously secured a full Virtual Asset Platform Operator license from the UAE Securities and Commodities Authority in October 2025, but its scope excludes Dubai.

Bybit's Dubai entity, Bybit Fintech FZE, obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA) on October 22, 2026, permitting cryptocurrency spot trading.

VARA's public register lists Bybit Fintech FZE as an active licensee authorized to offer exchange services to retail, qualified, and institutional investors.

Kraken parent Payward secured full VARA market approval on October 12, 2026, to serve UAE clients with spot trading in dirhams while deferring derivatives.