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Bybit Secures MiCA License in Austria, Eyes Expansion Across EU

  • Bybit has obtained a MiCA license from the Austrian Financial Market Authority, enabling it to offer crypto services across all 27 EU nations.
  • Bybit is set to hire over 100 professionals in Vienna as part of its expansion plans in the EU.
  • The MiCA approval signifies a step towards building trust after Bybit faced a $1.5 billion crypto hack earlier.
  • By gaining the MiCA license, Bybit aims to abide by global financial standards, strengthen compliance, and enhance user security.

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