Overview
- Bybit launched Bybit Indonesia on July 15 by rebranding PT Enkripsi Teknologi Handal, the platform formerly known as NOBI, after acquiring a majority stake in 2025.
- The new platform operates under supervision of Indonesia’s Financial Services Authority (OJK) to meet the country’s stricter licensing and consumer‑protection rules.
- At launch Bybit Indonesia lists more than 500 trading pairs and is focusing first on spot trading and crypto conversions with further products to roll out in stages.
- Bybit retained NOBI’s local leadership, naming Lawrence Samantha CEO, Dionisius Evan COO, and Steven Gotama CMO to handle daily operations and regulatory compliance.
- The move fits a wider industry pattern of global exchanges entering Indonesia through local, licensed entities and builds on Bybit’s push into regulated markets such as its 2025 UAE license.