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Two important updates for Bybit in Malaysia.
1. Bybit has been removed from the Securities Commission Malaysia - Investor Alert List after constructive engagement and alignment with local regulatory expectations.
2. We also recently led funding into Hata, a dual-licensed crypto platform in Malaysia. We believe regulated local infrastructure matters for long-term industry growth and user trust.
Malaysia continues to be an important market for crypto adoption in the region. We will keep working with local partners, regulators, and the community to support responsible growth.
More to come.
Hata@hataglobal
We’re excited to share a major milestone for Hata. We’ve successfully closed our US$8 million Series A funding round, led by Bybit. This marks more than just funding, it signals a strategic partnership to accelerate the growth of Malaysia’s digital asset ecosystem, combining Hata’s regulated local expertise with Bybit’s global strength in technology and innovation. With this, we’re doubling down on what matters: ⚡ Stronger liquidity ⚡ Faster user growth ⚡ Better, more innovative products for Malaysians Thank you to our partners, community, and team for being part of this journey. We’re just getting started 🚀 What are you waiting for? Sign up on Hata now app.hata.io/register
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