Cryptocurrency exchange ByBit reportedly wants to look more like a bank.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The company plans to begin offering banking services, including accounts that allow users to h ...

Bybit, the world’s second-largest crypto exchange by trading volume, announced plans to launch dollar-denominated banking accounts through partnerships with licensed financial institutions. The Dubai-based platform will introduce “MyBank” accounts equipped with International Bank Account Numbers (IBANs) in February 2026, pending regulatory approvals, allowing customers to hold balances in US dollars and 17 other fiat currencies. The move positions Bybit to operate more like a neo-bank, reversing the typ ...