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Financemagnates

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Bybit Gains MiCAR License, Establishes European Headquarters in Vienna

  • Bybit has obtained a Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority, allowing it to operate as a regulated crypto-asset services provider in the European Economic Area (EEA).
  • The license permits Bybit to offer products and services in 29 EEA countries through its regional hub in Austria, with its European headquarters now based in Vienna.
  • Bybit's CEO emphasized their compliance-first approach and collaboration with regulators to ensure regulatory and compliance assurance for users globally.
  • Bybit plans to invest in its operations in Austria by hiring over 100 employees in Vienna and supporting blockchain education through initiatives like the Blockchain for Good Alliance.

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