Crypto exchange Bybit launches in Indonesia after NOBI acquisition

Bybit has launched a locally operated platform in Indonesia following its acquisition of a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. The platform, rebranded as Bybit Indonesia, will be led by Lawrence Samantha and Dionisius Evan, both former NOBI executives. Bybit plans to introduce its services in phases, starting with 500 cryptocurrency trading pairs.