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Bybit Secures MiCAR License, Establishes European HQ in Vienna

  • Bybit has secured a MiCAR license from the Austrian Financial Market Authority, allowing it to operate as a regulated crypto-asset services provider across 29 European Economic Area member states.
  • The EEA hub in Austria enables Bybit to offer its services to nearly 500 million people in the region, with the establishment of its European headquarters in Vienna.
  • By obtaining the MiCAR license, Bybit demonstrates compliance with the EU's regulatory standards for transparency, preventing illicit activities, and protecting consumers in the digital finance sector.
  • Bybit plans to invest significantly in Austria, hiring over 100 professionals in Vienna and collaborating with universities through the Blockchain for Good Alliance to foster blockchain innovation.

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