Dubai’s Bybit Reinforces Commitment to Regulatory Collaboration in Latin America
Bybit, the world’s second-largest cryptocurrency exchange, reaffirmed its dedication to working closely with regulatory bodies and lawmakers in Latin America during Regulation Day 2025 at Devconnect ARG in Argentina. The event served as a platform for industry leaders, policymakers, and legislators to engage in crucial discussions on virtual assets, artificial intelligence, and effective regulations.
Held in Buenos Aires, the fourth edition of Regulation Day brought together over 1,500 attendees from across various sectors. Patricio Mesri, CEO of Bybit LATAM, and Mykolas Majauskas, Senior Director of Policy at Bybit, shared their insights on the role of digital assets in shaping the future of Latin America’s economy.
The Importance of Regulatory Collaboration
A key aspect of Bybit’s strategy is its commitment to fostering dialogues with local and regional policymakers across Latin America. During Regulation Day 2025, Mykolas Majauskas took part in a panel discussion titled “Public-Private Collaboration in Crypto: VASP’s Role in Policymaking” alongside industry executives from prominent digital asset companies.
Experts in the Panel Discussion
The session, skillfully moderated by Milagros Santamaria of Crecimiento, analyzed the evolving regulatory landscape in Latin America and the pivotal part that digital asset service providers can play in shaping the sector’s long-term success. Majauskas underscored the importance of effective regulation, stating that "regulation that protects users while enabling innovation is what will unlock the full potential of digital assets for the real economy."
The expert group also highlighted Argentina’s progressive stance on digital asset regulations. Since 2024, Argentina has recognized crypto as a digital asset and incorporated it into broader economic reforms, thus positioning itself as a leader in cryptocurrency adoption.
Progressive Regulation in Latin America
Argentina’s openness to engage with industry stakeholders, adapt regulatory frameworks to local realities, and learn from global standards is a key factor driving the healthy growth of the sector. Bybit emphasized Argentina’s pioneering role in digital asset regulations, citing the country’s significant transaction volume between 2024 and June 2025 as evidence.
Argentina’s ranking second in the Latin American crypto market following Brazil underscores its position as a progressive force in regulation. The country’s efforts to balance user protection with enabling innovation are expected to have far-reaching implications for the future of digital assets.
Digital Assets’ Impact on Inclusive Growth
Real-world applications of digital assets are increasingly demonstrating their potential to provide practical solutions to systemic economic challenges."In this part of the world, crypto is not about exclusivity but inclusion," said Patricio Mesri. "More and more people are moving past speculation and using stablecoins for daily life."
Digital assets are transforming real lives in Argentina and beyond by offering access to capital and affordable payment methods. Financial inclusion is taking place directly through on-chain platforms in Latin America, which highlights the practical impact of these innovative financial tools.
Roadmap for Effective Regulations
"The regulatory progress we’re seeing in Argentina and across Latin America creates a foundation for sustainable growth," added Mesri. "Clear frameworks give both consumers and businesses the confidence to engage with digital assets, and it’s this confidence that will drive mainstream adoption."
Bybit’s participation at Regulation Day 2025 was part of its strategic objective to strengthen dialogues with local and regional policymakers across Latin America. The exchange reflects its commitment to openness and equal ecosystems through its partnerships with leading blockchain protocols.
Conclusion
Regulation Day has solidified itself as Argentina’s key platform for discussing the future of tech regulation. Devconnect, the event at which Regulation Day took place, is a champion of real-world utility featuring over 75 emerging projects across more than 40 events. Bybit’s contributions to this initiative demonstrate its dedication to innovation and regulatory collaboration in Latin America.
Final Thoughts on Progressive Regulations
The convergence of public-private dialogue will undoubtedly shape Argentina’s role as a regional hub for regulation, innovation, and dialogue. The industry’s growth is contingent upon collaborative efforts between regulators and service providers to ensure that regulations are progressive while adequately protecting users.