Bybit has reportedly begun offering its services in a previously restricted jurisdiction, the People’s Republic of China.
Bybit has allowed Chinese users to register and authenticate on the platform by providing their ID, passport, driver’s license, or resident permit, following the platform’s know-your-customer protocols.
According to a report from social media-based news outlet Wu Blockchain, Bybit has confirmed this move. This news is in contrast to the exclusion list on Bybit’s website, which did not include China as of June 5.
However, the exchange’s terms of service state that it does not offer services to users in certain restricted jurisdictions such as the United States, the United Kingdom, Hong Kong, Singapore, Canada, North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine (including Crimea, Donetsk, and Luhansk regions), Syria, or any other jurisdictions that Bybit may decide to terminate services for at its discretion.
