Bybit EU Launches in Vienna with Full MiCAR License

Generated by AI AgentCoin World
Thursday, Jul 10, 2025 12:04 pm ET2min read

Bybit EU, the newly established European entity of Bybit, has officially launched its operations in Vienna, Austria. The company has secured a full MiCAR license from Austria’s Financial Market Authority (FMA), positioning itself as one of the first globally active crypto exchanges to obtain full authorization to serve all 29 countries within the European Economic Area. This milestone marks Bybit EU's commitment to delivering fast, secure, and intuitive crypto services built on a foundation of regulatory clarity, transparency, and local engagement.

Ben Zhou, Co-Founder and CEO of Bybit, emphasized the company's growth and mission, stating, "Six years ago, we started with zero users and a bold vision. Today, we serve over 72 million users worldwide, and our mission continues. With Bybit EU, we’re combining innovation with regulation, building a secure and user-centric crypto ecosystem right here in the heart of Europe."

Vienna was strategically chosen as the location for Bybit EU's headquarters due to its central geographic position, strong legal and financial infrastructure, and access to a highly educated, multilingual workforce. Austria’s progressive stance on innovation in finance, along with its evolving sandbox model for digital assets, has positioned it as an ideal launchpad for pan-European crypto services. Bybit EU is investing directly in the local economy by expanding its operations with the goal of hiring over 100 professionals in Vienna and building partnerships with Austrian universities and academic institutions to support research, education, and innovation in blockchain and financial technology.

Bybit EU's platform is designed to offer more than just trading. It aims to create a real-world crypto ecosystem that meets the evolving needs of users in the European Union. The company’s infrastructure reflects the highest standards of user protection, including ISO/IEC 27001 certification, multi-party computation (MPC) wallet technology, and a strict internal compliance framework aligned with MiCAR and Austrian regulatory requirements. Bybit views MiCAR as a catalyst for responsible growth, seeing regulation as a competitive advantage in an industry increasingly defined by transparency and trust.

Bybit EU’s presence in Vienna signals its long-term intent to contribute to a mature, well-governed crypto ecosystem—one that is fully integrated with European values, safeguards, and ambitions. Georg Harer, Managing Director and Head of Legal & Compliance at Bybit EU, stated, "MiCAR is more than a regulatory framework — it’s a turning point for our industry. It brings clarity, accountability, and above all, trust. At Bybit EU, we see compliance not as a burden, but as a driver of long-term value. Our presence in Vienna reflects our commitment to building a transparent, resilient, and truly European crypto ecosystem that is grounded in legal certainty and aligned with the values and expectations of the European Union."

Bybit EU is also introducing an open-office concept in its Vienna headquarters, creating a space where builders, developers, entrepreneurs, and partners from across the crypto ecosystem are welcome to connect, exchange ideas, and collaborate. The office is intended not only as a workplace but as a vibrant hub for dialogue, knowledge sharing, and cross-industry innovation in a regulated environment.

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