Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has appointed Peter Loo as its new Chief Legal & Compliance Officer. Loo, who brings over 25 years of cross-jurisdictional experience from investment banks, regulators, law firms, and digital asset institutions, will lead the company’s global legal, regulatory, and compliance strategy. His appointment marks a significant step in Bybit’s evolution into a fully integrated, regulated financial platform.
Prior to joining Bybit, Loo served as General Counsel & Head of Sector Development at Dubai’s Virtual Assets Regulatory Authority (VARA), where he played a foundational role in shaping one of the world’s most advanced virtual asset regulatory regimes. He developed licensing frameworks, market conduct policies, and enforcement protocols, helping establish Dubai as a global hub for digital assets. His previous senior roles include positions at Barclays Capital, MF Global, and Amber Group, where he oversaw regulatory expansion across Europe and the Middle East.
At Bybit, Loo will oversee the development of a robust globally aligned compliance framework, supporting the exchange’s ambition to deliver a seamless ‘single access point’ to financial services—spanning trading, payments, custody, and asset management—within a regulated structure. CEO Ben Zhou emphasized that Loo’s leadership will be critical in strengthening regulatory foundations and scaling responsibly on a global level, while Loo himself stated his focus is on reinforcing Bybit’s momentum with the right frameworks to meet the expectations of regulators and institutional participants worldwide.
