Bybit has been included on the Monetary Authority of Singapore’s (MAS) Investor Alert List, highlighting concerns regarding its licensing status. This registry is intended to inform the public about entities that might be misinterpreted as licensed or regulated. The MAS did not specify the reasons for Bybit's addition to the list on June 18, 2026.
Bybit Fintech Limited is the operator behind the exchange, which is noted on the MAS website. The regulatory body emphasizes that the listing serves to address entities that could falsely appear to offer authorized financial services. Bybit has confirmed its awareness of this listing and is in discussions with MAS to clarify the situation.
Despite being founded by Singaporean entrepreneur Ben Zhou, Bybit does not provide services in Singapore, which it categorizes as a “Service Restricted Country” on its platform. The exchange has expressed its commitment to preventing access to its services from users in Singapore and has been proactive in its communications with MAS.