Bybit Discontinues EU Support on Main Platform Due to MiCAR Regulations

Cryptocurrency exchange Bybit has announced significant changes for its users in the European Union, effective from July 1, 2025. The exchange will discontinue support for verified users from the EU on its main platform, Bybit.com, due to the implementation of the Markets in Crypto-Assets (MiCAR) regulatory framework. This regulatory shift aims to standardize the rules for crypto-assets across the EU, ensuring greater transparency and security for users.

In response to these regulatory changes, Bybit has launched a new, fully licensed platform registered in Austria. This new platform, bybit.eu, is designed to be fully compliant with EU regulations, providing users with legal, secure, and regulated access to Bybit’s services. The transition to the new platform ensures that EU users can continue to access Bybit’s features and tools while adhering to the stringent regulatory requirements set by the MiCAR framework.

Bybit.eu offers several key benefits to its users. These include legal access to Bybit within the EU, enhanced protection and transparency, reliable access to all features and tools, and new products and services available exclusively on the new platform. This move is part of Bybit’s broader strategy to ensure compliance with evolving regulatory landscapes and to provide a seamless experience for its users.

For verified users residing in the EU, Bybit has outlined a clear set of steps to facilitate a smooth transition. Users are advised to close all open positions on Bybit.com, register on the whitelist for the new EU platform, and wait for further instructions from Bybit. The company has assured users of a seamless transition process, ensuring minimal disruption to their trading activities.

This regulatory shift and the subsequent launch of bybit.eu highlight Bybit’s commitment to compliance and user protection. By proactively addressing the regulatory changes, Bybit aims to maintain its position as a leading cryptocurrency exchange while ensuring that its users can continue to trade with confidence and security. The new platform not only meets the regulatory requirements but also enhances the overall user experience by offering new products and services tailored to the EU market.