VIENNA, Could 29, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, has obtained its Markets in Crypto-Belongings Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA), signifying a pivotal second in its European growth. With this new license, Bybit can now function as a completely compliant crypto-asset providers supplier and passport its regulated and localized crypto services and products to just about 500 million Europeans in 29 EEA (European Financial Space) member states via its EEA hub, which relies in Austria. Alongside this regulatory milestone, Bybit has additionally established its official European headquarters in Vienna, Austria.
The MiCAR license underscores Bybit’s unwavering dedication to assembly the very best regulatory requirements in Europe, together with essential safeguards which might be designed to reinforce transparency, stop illicit actions, and defend customers throughout the European Union’s digital finance ecosystem.
“Securing the MiCAR license in Austria is a testomony to our compliance-first strategy at Bybit,” said Ben Zhou, co-founder and CEO of Bybit. “We’re actively collaborating with regulators and pursuing licenses globally to make sure our customers can entry our modern platform with the very best ranges of regulatory and compliance assurance.”
To assist its upcoming European growth, Bybit is making a considerable funding in Austria, with plans to rent over 100 professionals in Vienna because it supplies extra localized and controlled providers to customers.
“Acquiring the MiCAR license demonstrates our dedication to compliance and transparency, according to Europe’s excessive regulatory requirements,” stated Mazurka Zeng, Chief Government Officer of Bybit Europe.
“Vienna is now the house of Bybit Europe, and we’re proud to contribute to Austria’s forward-looking monetary setting by investing in expertise and innovation. Past this, we’re devoted to fostering a powerful native crypto neighborhood and, via the Blockchain for Good Alliance (BGA), we’ll lengthen our assets to work intently with universities throughout the area, cultivating the following era of blockchain innovators and exploring impactful real-world functions of the know-how,” Mazurka stated.
#Bybit / #TheCryptoArk / #MiCAR
About Bybit
Bybit is the world’s second-largest crypto-asset change platform, offering over 70 million customers globally entry to its modern crypto funding services and products. Bybit EU is the newly established EU headquarter and can serve the EEA shoppers on the devoted Bybit EU platform.
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