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Reading: Bybit Compliance Update: Reaffirmation of Monitoring and Restriction on Non-compliant Affiliate Marketing Activities in Korea | PagalParrot
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Bybit Compliance Update: Reaffirmation of Monitoring and Restriction on Non-compliant Affiliate Marketing Activities in Korea | PagalParrot

Last updated: December 26, 2025 8:20 pm
Published: 4 months ago
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DUBAI, UAE, Dec. 26, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continually reviews and enhances its global compliance framework to align with applicable local legal and regulatory requirements. As part of this framework, Bybit maintains a policy of only marketing, promoting, or directing its services toward jurisdictions where it meets local regulatory requirements.

In this context, Bybit notes recent public advisories issued by regulatory authorities in certain jurisdictions, including Korea, highlighting risks associated with illegal virtual asset operators and unreported marketing or brokerage activities directed at domestic users.Particularly with respect to Korea, and in support of enhanced compliance, Bybit is implementing additional measures to prevent affiliates from using referral or commission arrangements to specifically target the Korean market or Korean users. Bybit will actively monitor and manage affiliate activities in this regard, and where it becomes aware of such conduct, it will take appropriate action in accordance with its internal policies and the terms of its affiliate program. Such action may include, without limitation, suspending or terminating the affiliate relationship and/or restricting and removing commission rewards, in whole or in part.These measures apply to all affiliates and partners engaging in promotional or marketing activities that are specifically directed at the subjected market or user base, whether through social media, messaging platforms, websites, or other channels. Affiliates and partners are encouraged to review the applicable terms and conditions of the Bybit Affiliate Partnership Program for further details.Any promotion of Bybit that is suspected of targeting Korean users – including promotion in the Korean language – may be reported to Bybit at https://www.bybit.com/en/help-center/s/webform?state=020 Bybit will continue to appropriately monitor regulatory developments and take appropriate steps to promote responsible industry standards and mitigate risks associated with illegal virtual asset activities.#Bybit / #CryptoArk About BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: [email protected] updates, please follow: Bybit’s Communities and Social MediaDiscord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeLogo – https://www.pagalparrot.com/wp-content/uploads/2025/12/Logo-24.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bybit-compliance-update-reaffirmation-of-monitoring-and-restriction-on-non-compliant-affiliate-marketing-activities-in-korea-302649651.html

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