JUST IN: Bybit is launching fiat banking inside its crypto platform.

@Bybit ’s new MyBank initiative will allow users to hold USD and up to 17 other currencies directly on the exchange, complete with personal IBANs for global transfers. The service is expected to roll out from February 2026, subject to regulatory approvals.

The move builds on Bybit’s Dubai base and partnerships with licensed banks, reflecting a broader industry shift toward hybrid crypto-banking models seen at rivals such as Binance and Kraken. While MyBank could improve access for users in underbanked regions and support potential U.S. expansion, regulatory clearance remains a key hurdle.