Bybit Receives MiCAR License and Launches European HQ in Vienna
On June 2, 2025, Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced a momentous step in its European expansion by securing a Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA). This pivotal development allows Bybit to fully operate as a compliant provider of crypto services within the European Economic Area (EEA), catering to nearly 500 million potential customers across 29 member states.
The newly acquired MiCAR license highlights Bybit's unwavering commitment to adhering to the highest legal standards in Europe. It comes with essential guarantees aimed at enhancing transparency, preventing illegal activities, and protecting consumers in the EU's digital financial ecosystem. Ben Zhou, co-founder and CEO of Bybit, emphasized the significance of this achievement, stating, "Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit. We are actively collaborating with regulators and pursuing licenses globally, ensuring our users access our innovative platform with utmost transparency and reliability."
In conjunction with the license acquisition, Bybit has officially opened its European headquarters in Vienna, signaling its strategic intentions for robust investment in the region. The company plans to hire over 100 professionals, focusing on delivering localized and regulated services to its users in Europe. Mazurka Zeng, CEO of Bybit Europe, discussed the company's future in Austria, asserting, "The MiCAR license reflects our commitment to transparency and compliance, fully aligned with Europe's high standards. Vienna is now home to Bybit Europe, and we take pride in contributing to Austria's progressive financial climate through our investment in talent and innovation."
In addition to hiring local talent, Bybit aims to cultivate a strong crypto community in Europe. They plan to collaborate actively with regional universities through the Blockchain for Good Alliance (BGA), aiming to educate the next generation of blockchain innovators and work on real-world applications of blockchain technology. "Our goal is to foster a community that not only understands cryptocurrency but also sees its practical implications and potentials," Zeng added.
With the MiCAR license and the establishment of its European headquarters, Bybit is positioned to offer an array of regulated crypto services, all while focusing on building a robust infrastructure that adheres to the stringent regulations of the European market. As Bybit continues to expand its footprint across Europe, the company remains dedicated to providing innovative solutions that secure the trust of its diverse user base. Bybit currently serves more than 70 million users worldwide, making it a pivotal player in the global crypto market.
For further updates on Bybit, you can follow their communities on social media platforms like Discord, Facebook, Instagram, LinkedIn, and more. With its commitment to regulatory compliance, innovative products, and a clear vision for the future, Bybit aims to solidify its status as a leader in the cryptocurrency exchange sector.
In conclusion, Bybit's recent milestones, including the receipt of the MiCAR license and the opening of its European HQ in Vienna, exemplify a strategic move to solidify its presence in one of the most dynamic regions for cryptocurrency and financial technology. As the landscape evolves, Bybit is set on a path to not only lead but also shape the future of cryptocurrency within compliant frameworks across Europe.
The newly acquired MiCAR license highlights Bybit's unwavering commitment to adhering to the highest legal standards in Europe. It comes with essential guarantees aimed at enhancing transparency, preventing illegal activities, and protecting consumers in the EU's digital financial ecosystem. Ben Zhou, co-founder and CEO of Bybit, emphasized the significance of this achievement, stating, "Securing the MiCAR license in Austria is a testament to our compliance-first approach at Bybit. We are actively collaborating with regulators and pursuing licenses globally, ensuring our users access our innovative platform with utmost transparency and reliability."
In conjunction with the license acquisition, Bybit has officially opened its European headquarters in Vienna, signaling its strategic intentions for robust investment in the region. The company plans to hire over 100 professionals, focusing on delivering localized and regulated services to its users in Europe. Mazurka Zeng, CEO of Bybit Europe, discussed the company's future in Austria, asserting, "The MiCAR license reflects our commitment to transparency and compliance, fully aligned with Europe's high standards. Vienna is now home to Bybit Europe, and we take pride in contributing to Austria's progressive financial climate through our investment in talent and innovation."
In addition to hiring local talent, Bybit aims to cultivate a strong crypto community in Europe. They plan to collaborate actively with regional universities through the Blockchain for Good Alliance (BGA), aiming to educate the next generation of blockchain innovators and work on real-world applications of blockchain technology. "Our goal is to foster a community that not only understands cryptocurrency but also sees its practical implications and potentials," Zeng added.
With the MiCAR license and the establishment of its European headquarters, Bybit is positioned to offer an array of regulated crypto services, all while focusing on building a robust infrastructure that adheres to the stringent regulations of the European market. As Bybit continues to expand its footprint across Europe, the company remains dedicated to providing innovative solutions that secure the trust of its diverse user base. Bybit currently serves more than 70 million users worldwide, making it a pivotal player in the global crypto market.
For further updates on Bybit, you can follow their communities on social media platforms like Discord, Facebook, Instagram, LinkedIn, and more. With its commitment to regulatory compliance, innovative products, and a clear vision for the future, Bybit aims to solidify its status as a leader in the cryptocurrency exchange sector.
In conclusion, Bybit's recent milestones, including the receipt of the MiCAR license and the opening of its European HQ in Vienna, exemplify a strategic move to solidify its presence in one of the most dynamic regions for cryptocurrency and financial technology. As the landscape evolves, Bybit is set on a path to not only lead but also shape the future of cryptocurrency within compliant frameworks across Europe.
Topics Financial Services & Investing）
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