The role of compliance in building trust in crypto markets

This post is written by Robert MacDonald. Robert is the Chief Legal & Compliance Officer at Bybit, the world’s second-largest cryptocurrency exchange by trading volume. With nearly two decades of experience spanning the public sector, traditional finance, and the crypto industry, Robert is a seasoned expert in regulatory compliance, legal governance, and combating financial crime.

Introduction

The crypto market has witnessed unprecedented growth since the last cycle, evolving from a niche concept for a few, into a global financial ecosystem. However, this rapid expansion has also brought challenges, including fraud, scams, bad actors and regulatory uncertainties that could undermine trust.