The 4th Tbilisi Silk Road Forum: Insights from Bybit CEO Ben Zhou
The 4th Tbilisi Silk Road Forum, a two-day event focused on fintech, cryptocurrencies, and global connectivity, concluded on Oct. 27. One of the highlights was a panel featuring Ben Zhou, co-founder and CEO of Bybit, a leading crypto exchange.
During his speech, Zhou discussed Bybit’s strategic approach to operating in new jurisdictions. He emphasized the importance of regulatory structure, proximity to central banks, local talent pools, and favorable policies when making decisions about where to operate. He also mentioned that Georgia has the potential to become a regional hub for Bybit due to its supportive central bank and regulatory environment.
Zhou also touched on the growing trust in cryptocurrencies. He highlighted the industry’s significant growth over the past five years and stated that crypto is now considered a trusted asset class, especially in countries with unstable financial systems. Platforms like Bybit offer secure banking services such as fiat-to-crypto exchanges and yield-earning opportunities.
Furthermore, Zhou emphasized Bybit’s commitment to security, highlighting its perfect record with no outages or breaches since its launch in 2018. This sets the company apart in an industry plagued by cyberattacks.
“Our mission is to empower individuals, businesses, and economies to thrive in this dynamic landscape. We don’t build the city, but we take people to the city, where the limitless potential of blockchain and cryptocurrency awaits.” – Ben Zhou
The Wider Forum Discussions
In addition to Ben Zhou’s panel discussion, the wider forum focused on topics such as supply chains, logistics, connectivity, and transportation infrastructure investment. The event brought together government leaders, finance experts, and diplomats to discuss shaping regional and global trade.
Other notable speakers at the event included Georgia’s acting Central Bank Governor and the CEO of 500 Global.
Hot Take: Bybit’s Strategic Approach to Expansion
Bybit’s CEO, Ben Zhou, presented valuable insights at the 4th Tbilisi Silk Road Forum regarding the company’s strategic approach to expanding into new jurisdictions. Zhou emphasized the importance of factors such as regulatory structure, proximity to central banks, local talent pools, and favorable policies when considering operational locations. Georgia, with its supportive central bank and regulatory environment, was highlighted as a potential regional hub for Bybit.
Zhou also discussed the growing trust in cryptocurrencies and how platforms like Bybit provide secure banking services beyond trading. With a perfect security record since its launch in 2018, Bybit stands out in an industry plagued by cyberattacks.
Bybit’s mission is to empower individuals, businesses, and economies in the blockchain and cryptocurrency landscape. As they continue building bridges to the Web3 future, their strategic approach sets them apart as an infrastructure provider in the crypto industry.
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