Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Markets in Crypto-Assets Regulation (MiCAR) license by the Austrian Financial Market Authority (FMA).
The license allows Bybit to operate as a regulated crypto-asset services provider and to offer its crypto products and services across 29 European Economic Area (EEA) member states.
Its EEA hub, located in Austria, enables the firm to passport its offerings to nearly 500 million people in the region.
In line with this move, Bybit has also established its European headquarters in Vienna.
The MiCAR license indicates Bybit’s alignment with the European Union’s regulatory framework, which sets out standards aimed at enhancing transparency, preventing illicit activity, and safeguarding consumers in
2025-06-02