Bybit has appointed Peter Loo as Chief Legal & Compliance Officer to lead global regulatory strategy and oversee compliance as the platform evolves into a regulated, integrated financial platform.

Loo brings more than 25 years of experience across regulators, investment banks, law firms, and digital asset companies, including roles at Dubai’s VARA, Barclays Capital, MF Global, and Amber Group.

Before joining Bybit, Loo was General Counsel and Head of Sector Development at Dubai’s Virtual Assets Regulatory Authority, where he helped establish licensing frameworks, market conduct policies, and enforcement protocols for Dubai as a digital asset hub.

No additional substantive details beyond the appointment are provided in the text.

The article includes standard Bybit press materials and contact information for media inquiries and social channels.

The press release is dated August 3, 2026, and originates from Dubai, UAE.

The hire is framed as a strategic move to enhance risk management, regulatory engagement, and institutional credibility for Bybit.

Bybit positions itself as The New Financial Platform, trusted by over 80 million users, aiming to connect crypto and traditional finance through a secure, intelligent ecosystem.

The announcement signals Bybit’s intent to expand its regulatory footprint across multiple jurisdictions to support a regulated, connected crypto and traditional finance ecosystem.

The hire underscores Bybit’s focus on strengthening governance, legal oversight, and compliance capabilities amid evolving crypto regulations.

CEO Ben Zhou highlights Loo’s rare regulatory experience and its importance for strengthening regulatory foundations as Bybit scales globally.

Zhou also notes Loo’s combination of regulatory insight and commercial execution as critical to Bybit’s global growth.