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· Bybit names former Dubai VARA general counsel Peter Loo chief legal and compliance officer

Bybit Names Peter Loo Chief Legal and Compliance Officer

Bybit appointed Peter Loo, formerly a regulator at Dubai's Virtual Assets Regulatory Authority, as chief legal and compliance officer on August 3, 2026.

Updated on 2 min read · 2 sources

The move at a glance

The Moves Ledger, event W0465
Role
Chief Legal & Compliance OfficerTop manager
Organization
Bybit
In or out
InAppointed Chief Legal & Compliance Officer
Became public
The first dated public source, UTC
A collection of blank sticky notes arranged on a black surface, providing ample copy space
A collection of blank sticky notes arranged on a black surface, providing ample copy space. Photo · Pexels
“Bybit named Peter Loo, a former general counsel of Dubai's Virtual Assets Regulatory Authority who led work on its licensing frameworks, chief legal and compliance officer on August 3, 2026. Does hiring a former rule-writer to run compliance settle whether an exchange can police itself?”

Bybit appointed Peter Loo as chief legal and compliance officer on August 3, 2026, according to its own press release. That release credits him with “over 25 years of cross-jurisdictional experience spanning investment banks, regulators, law firms, and digital asset institutions”1. The Global Legal Post independently reported the hire on August 4, 2026. Loo "was most recently chief operating officer at blockchain business MANTRA," the outlet wrote, a post he left in September 20252. Before MANTRA, Loo served as general counsel and head of sector development at Dubai's Virtual Assets Regulatory Authority. There, he “led development of the regulator's licensing frameworks, market conduct policies and enforcement protocols,” the Global Legal Post reported.

Read the chart as a table
DateEvent
March 7, 2026Liu left as Co-CEO. Helen Liu left as Co-CEO of Bybit
Aug. 3, 2026Loo became Chief Legal & Compliance Officer. Peter Loo was named Chief Legal & Compliance Officer of Bybit
Read the chart as a table
ItemValue
201911
202012
202127
202237
202320
202439
202559
202645

The move

Bybit Co-founder and CEO Ben Zhou framed the hire around Loo's experience on both sides of financial regulation. “Peter brings a depth of experience that is both rare and highly relevant to where Bybit is headed. Having worked across regulators, global financial institutions and Web3 platforms, he understands not only how rules are written, but also how they are applied in practice across jurisdictions,” Zhou said2. Loo described his own mandate in terms of the industry's shift toward formal oversight. “The opportunity at Bybit is to help shape what a truly global, regulated digital financial platform can look like. The industry is entering a phase where credibility, structure, and regulatory alignment are no longer optional,” Loo said1.

Before and after the move

Loo was head of legal at MF Global in London, and worked in-house at Barclays and Citigroup, before his regulatory work in Dubai. He began his legal career as an associate at Clifford Chance, the Global Legal Post reported2. Bybit's release tied his appointment to the exchange's “ongoing transformation from a high-growth crypto exchange into a mature, globally recognised financial platform.” His mandate, the release states, is “enhancing internal governance, advancing licensing efforts in priority markets, and fostering constructive engagement with regulators worldwide”1.

What to watch

Loo's record at Dubai's Virtual Assets Regulatory Authority gives the CryptoLately.com Desk a baseline for judging his first licensing moves at Bybit. Any announcement of a new regulatory approval or market exit under Loo's watch would test whether his hire changes Bybit's footprint the way Zhou said it would when he called Loo's leadership "critical in strengthening our regulatory foundations"1.

Sources

  1. Bybit, "Bybit Appoints Peter Loo as Chief Legal & Compliance Officer to Advance Global Regulatory Strategy," PR Newswire, August 3, 2026, https://www.prnewswire.co.uk/news-releases/bybit-appoints-peter-loo-as-chief-legal--compliance-officer-to-advance-global-regulatory-strategy-302841084.html
  2. Ben Edwards, "Dubai crypto exchange Bybit hires ex-regulator legal head as CLO," The Global Legal Post, August 4, 2026, https://www.globallegalpost.com/news/dubai-crypto-exchange-bybit-hires-ex-regulator-legal-head-as-clo-4628339

Cite this piece

Ryan Elliott Dennis, "Bybit Names Peter Loo Chief Legal and Compliance Officer," CryptoLately, Aug 3, 2026, https://cryptolately.com/articles/bybit-names-peter-loo-chief-legal-and-compliance-officer

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