Bybit CEO Ben Zhou announced IBAN-based MyBank accounts, supporting 18 fiat currencies and USD-to-crypto conversions via licensed partners, pending regulatory clearance.
Bybit CEO Ben Zhou stated on Jan. 29 that the exchange will introduce IBAN-based fiat accounts under the MyBank brand in February 2026. The service will support 18 currencies through licensed partners such as Pave Bank, with the first rollout focusing on USD accounts. Users will be able to switch between fiat and cryptocurrencies, but USD operations remain subject to regulatory approval. This initiative seeks to streamline fiat-to-crypto transactions and expand Bybit’s global banking integration.