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Bybit Moves Deeper Into Traditional Finance With MyBank IBAN Accounts

Crypto exchange Bybit will offer IBAN-based retail accounts to hold fiat and access multi-currency transfers alongside on-platform crypto services.

Jan 29, 202610:43 AMNewsroom AI

Bybit said it will launch “MyBank” accounts that let users hold fiat currencies such as U.S. dollars and British pounds directly on the exchange, providing personal IBANs and support for transfers across eighteen currencies [1][2][3].

Reports say the accounts will provide instant fiat access, multi‑currency transfers, and the ability to trade crypto under the account holder’s name, effectively combining bank-style features with crypto custody and trading on a single platform [2][3][4].

Bybit indicated the MyBank rollout is expected in February, subject to regulatory approvals [1][2].

The move represents a significant expansion of Bybit’s traditional finance offerings by integrating IBAN retail accounts with its crypto services [3].

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