Bybit EU Group Pursues MiFID II License to Expand Derivatives in Europe

Bybit EU Group's Ambitious Expansion in Europe

Bybit, recognized as the world's second-largest cryptocurrency exchange by trading volume, is intensifying its focus on expanding its European presence. On September 5, 2025, the Bybit EU Group submitted its application for a license pursuant to the Austrian implementation of the Markets in Financial Instruments Directive (MiFID II). This strategic move, aimed at enhancing its service offerings, particularly in regulated derivatives, is a significant step for the exchange in accessing the expansive European derivatives market.

The Significance of MiFID II Licensing

The MiFID II license application is a pivotal component of Bybit's strategy, allowing Bybit X GmbH, one of its Austrian entities, to offer a suite of regulated derivatives products. This encompasses futures and options that can be accessible to clients throughout the European Economic Area (EEA). The approval of this license is expected to augment Bybit's existing services on its platform, bybit.eu, which has hitherto focused on crypto-spot services under the MiCAR authorization obtained in May 2025.

The Journey So Far

Bybit EU Group, which has its headquarters in Vienna, made significant strides by launching the compliant bybit.eu platform in July 2025. Since then, it has steadily enhanced its features, introducing offerings such as spot margin trading with leverage options up to 10x, collaboration with Circle to boost USDC (USD Coin) usage in Europe, and a plethora of new developments including the Bybit Lite app and the Bybit Card program. These initiatives are designed to significantly enhance user engagement and service variety.

Mazurka Zheng, Managing Director and CEO of Bybit EU, highlighted the importance of regulatory clarity in shaping Europe's landscape concerning crypto-assets. In her statement, she expressed pride in Bybit’s application for the investment firm license through the Austrian Financial Market Authority (FMA). She emphasized that this development not only reflects Bybit's commitment to compliant growth but also its aim to provide comprehensive crypto-focused services to European users, ensuring safety and adherence to regulations.

Future Endeavors with Bybit X

The application for this investment firm license demonstrates Bybit X's commitment to pursuing growth in one of the globe's most evolved financial markets. If the Austrian authorities grant this request, Bybit EU Group will expand its offerings further, establishing itself as a competitive player in the crypto-derivatives field.

The approval would not only diversify the product range for European clients but also reaffirm Bybit's status as a catalyst for crypto innovation. The current aim is to provide a wide array of services while ensuring adherence to all European regulations regarding investor protection and market integrity.

Bybit's Expansion: What It Means for Users

For cryptocurrency enthusiasts and traders in Europe, Bybit's ambition to offer derivatives like futures and options symbolizes a broader choice and flexibility in investment strategies. Bybit EU Group emphasizes that this initiative will enhance user experience by ensuring that all services are compliant with local regulations, thereby promoting trust and reliability in their platform.

As Bybit continues to pave the way for regulatory advancement in the crypto space, its efforts contribute to a more structured and secure environment for investors, making it a compelling platform for those looking to engage in the burgeoning world of cryptocurrency.

In conclusion, Bybit EU Group's move towards obtaining a MiFID II license illustrates its ambition to not only grow in Europe but to lead the charge in creating a compliant and innovative crypto ecosystem that can thrive in the future.

Disclaimer: This article is for informational purposes only and does not serve as investment advice. All products and services are subject to applicable laws and regulations, which may vary by jurisdiction. Investors should assess risks thoroughly before engaging in any crypto-asset activities.