DUBAI, UNITED ARAB EMIRATES – Media OutReach – October 30, 2023 –
Bybitthe third most visited crypto exchange in the world, announced that its co-founder and CEO, Ben Zhou, was one of the featured panelists of the
4th Tbilisi Silk Road Forum. The event, held under the theme “Connect Today, Resilient Tomorrow” in Tbilisi, Georgia on October 26-27, brought together global leaders to explore the dynamic fintech and cryptocurrency landscape in emerging economies .
Ben Zhou joined a panel of esteemed speakers, including Natia Turnava, Acting Governor and First Deputy Governor of the National Bank of Georgia; Pedro Vieira, partner at 500 Global; Dr Andreas Glarner, legal partner at MME; and Salim Dhanani, CEO and co-founder of Pave. Their collective wisdom illuminated the forum, advancing essential conversations in the fintech industry.
When asked about Bybit’s approach to choosing operating jurisdictions, Ben Zhou highlighted the importance of collaborative discussions with forward-thinking authorities who recognize the potential that crypto development brings to their respective countries. He outlined the key factors that guide their decisions, including regulatory structure, proximity to central banks and the presence of local talent and supportive policies. Georgia, with its favorable central bank and regulatory environment, has become one of the future strategic centers for Bybit’s presence in the CIS region.
Ben Zhou also shed light on the reliability of cryptocurrencies. Reflecting on the past five years, he highlighted the remarkable transformation of the blockchain and cryptocurrency space. While in 2018 concepts like Web3, NFTs, DeFi, and decentralized exchanges were in their infancy, today we are seeing their widespread adoption. People are increasingly turning to platforms like Bybit, not only for cryptocurrency trading, but also as secure banking apps to exchange fiat currency for cryptocurrencies and earn stable returns through products like
Security remains a major concern for centralized exchanges, and Bybit, under the leadership of Ben Zhou, has maintained an impeccable record. Since its inception, Bybit has never experienced an outage or breach, a testament to the company’s unwavering commitment to protecting its customers’ assets.
In conclusion, Ben Zhou conveyed Bybit’s philosophy by stating: “Today, as we find ourselves at the intersection of fintech and crypto innovation, the world is witnessing a transformative journey. Bybit is committed to being an infrastructure player, building the bridge and the road. that connects people to the future of Web3. Our mission is to enable individuals, businesses and economies to thrive in this dynamic landscape. We are not building the city, but we are taking people into the city, where the unlimited potential of blockchain and cryptocurrency awaits.”
The 4th Tbilisi Silk Road Forum, attended by more than 2,000 participants from more than 60 countries, served as a premier platform for government, financial and diplomatic leaders to discuss the factors shaping the regional and global trade and connectivity. The two-day event focused on a range of key topics, including supply chains, logistics services, connectivity and investments in transport infrastructure across different transport modes.
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