Bybit, the world's second-largest cryptocurrency exchange by trading volume, has secured a MiCAR license from the Austrian Financial Market Authority (FMA). This milestone enables Bybit to legally offer crypto services across 29 European countries through its Austrian hub, serving nearly 500 million Europeans with regulated, market-tailored crypto products. The company simultaneously unveiled its European headquarters in Vienna.
Strategic Expansion Under MiCAR Compliance
The MiCAR license validates Bybit’s adherence to stringent European regulatory standards, including enhanced security protocols for user protection and anti-illegal activity measures.
Key Developments:
- Regulatory Commitment: CEO Ben Zhou emphasized Bybit’s compliance-focused approach, stating, "Our global licensing efforts ensure users access an innovative platform with top-tier regulatory safeguards."
- Local Investment: Bybit plans to hire 100+ specialists in Vienna, expanding localized services.
- Community Engagement: Through partnerships like the Blockchain for Good Alliance (BGA), Bybit will collaborate with universities to train blockchain professionals and explore practical tech applications.
Europe as a Growth Priority
Bybit’s European General Director, Mazurka Zeng, highlighted the license as proof of the company’s "transparency and alignment with Europe’s high standards." Vienna’s new HQ will drive Austria’s fintech ecosystem, fostering local crypto communities.
👉 Discover Bybit’s regulated crypto services
FAQs
1. What does the MiCAR license allow Bybit to do?
The license permits Bybit to offer compliant crypto services across 29 European countries, including custody and trading solutions.
2. How will Bybit support Europe’s crypto talent?
Through academic partnerships and BGA initiatives, Bybit will fund blockchain education and research.
3. Why did Bybit choose Austria for its EU HQ?
Austria’s progressive regulatory environment and fintech ecosystem align with Bybit’s expansion goals.
👉 Explore Bybit’s European offerings
About Bybit
Bybit serves 70+ million users globally with advanced crypto investment products. Its EU division, BybitEU, operates from Vienna under MiCAR guidelines.
For media inquiries:
- Email: [email protected]
- Follow updates via official social channels.
Note: All promotional links (excluding the OKX anchor) and images have been removed per guidelines.
### Key SEO Integration:
- **Keywords**: MiCAR license, European crypto market, Bybit expansion, cryptocurrency regulation, Vienna headquarters, blockchain education, crypto compliance.