Bybit has obtained a Markets in Crypto-Belongings Regulation (MiCA) license from Austria’s Monetary Market Authority (FMA), permitting the alternate to increase into the European market.
The approval permits Bybit EU, registered beneath industrial quantity 636180i, to function as a regulated crypto asset service supplier (CASP) and lengthen its companies throughout all 29 European Financial Space member states.
As a part of its enlargement, Bybit has formally established its European headquarters in Vienna, Austria, based on a Might 29 information launch shared with Cointelegraph.
The transfer allows the platform to serve practically 500 million Europeans beneath MiCA’s harmonized framework, which is designed to advertise regulatory consistency, stop illicit exercise and shield shoppers.
“Securing the MiCAR license in Austria is a testomony to our compliance-first method at Bybit,” stated 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 revolutionary platform with the very best ranges of regulatory and compliance assurance.”
Associated: Crypto swapper eXch shows signs of life after post-Bybit shutdown
Bybit to rent over 100 in Vienna
Bybit can even rent over 100 employees in Vienna to help its European operations and provide localized crypto companies tailor-made to EU laws. “Vienna is now the house of Bybit Europe,” stated Mazurka Zeng, CEO of Bybit Europe:
“We’re proud to contribute to Austria’s forward-looking monetary atmosphere by investing in expertise and innovation.”
The agency additionally plans to work intently with universities throughout the area by way of its Blockchain for Good Alliance (BGA) initiative to advertise blockchain expertise.
The MiCA framework became enforceable in early 2025, prompting crypto corporations to determine regulated bases throughout the bloc to legally increase their companies throughout borders.
Associated: Bybit recovers liquidity levels 30 days after hack — Kaiko
Bybit turns into second-largest alternate
Based in 2018 and now primarily based in Dubai, Bybit ranks because the second-largest crypto alternate by buying and selling quantity, based on CoinMarketCap. The corporate relocated its international headquarters from Singapore to Dubai in 2022.
The regulatory win comes after Bybit suffered a massive breach in February 2025. The assault led to the lack of $1.5 billion in property, making it the most important crypto theft on document.
On Might 9, German legislation enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen throughout the Bybit hack.
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