Bybit Appoints Peter Loo as CLO to Lead 2026 Compliance Efforts
Crypto exchange Bybit has announced the appointment of Peter Loo as its new Chief Legal Officer (CLO) to lead global compliance strategies in 2026. Loo joins Bybit from Dubai's Virtual Assets Regulatory Authority (VARA), where he served as legal chief during the drafting of Dubai's Virtual Asset Law and oversight of licensing for exchanges and custodial services.
The appointment is a significant move by Bybit, which has been expanding its business in the Middle East, Europe, and Asia amidst changing regulatory landscapes. Loo's experience in regulatory affairs will help Bybit navigate these complex environments and ensure compliance with various jurisdictions' rules.
This hiring trend is part of a broader shift in the crypto industry, where exchanges are increasingly recruiting ex-regulators and public company executives to bolster their compliance teams.