Bybit Urges User-Centric Crypto Regulation, Devconnect 2025
At Regulation Day 2025 in Buenos Aires, part of Devconnect ARG’s Ethereum World’s Fair, crypto exchange Bybit urged user-centric crypto regulation across Latin America. The forum gathered over 1,500 regulators, legislators and industry leaders, including representatives from Bitso, Belo and the Ethereum Foundation. Bybit LATAM CEO Patricio Mesri stressed stablecoins’ role in enhancing financial inclusion and boosting consumer confidence. Senior Policy Director Mykolas Majauskas called for protective regulation paired with innovation to unlock digital assets’ potential in real economies. Speakers highlighted Argentina’s progressive stance, with $93.9 billion in crypto transactions from 2024 to mid-2025, second only to Brazil in the region. Discussions on public-private collaboration emphasized the need for clear crypto regulation frameworks that foster sustainable market growth and mainstream adoption.
Bullish
Bybit’s push for user-centric crypto regulation and clear frameworks, especially on stablecoins, is likely to boost market confidence and drive broader adoption. In the short term, regulatory clarity can reduce volatility and encourage trading activity. Over the long term, protective yet innovation-friendly rules in Latin America—highlighted by Argentina’s $93.9 billion in transactions—should support sustainable growth in digital assets and stablecoin use, underpinning a bullish outlook.