Bybit Launches EU-Dedicated Platform Bybit.eu With MiCAR License

Major crypto exchange Bybit has launched its EU-dedicated platform, Bybit.eu. This new website will exclusively serve users in the European Economic Area (EEA). Bybit EU GmbH will operate the novel platform, which is a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR).

Bybit.eu offers a range of services, including a brokerage platform with deep liquidity sourcing from multiple liquidity providers and advanced trading tools. Additionally, the platform provides VIP account management for high-volume traders, tailored to meet specific regional needs. The platform also offers a localized user experience and customer service in major European languages, with 24/7 multilingual support currently available in English, Polish, Portuguese, and Spanish. Bybit plans to add German, French, Italian, and Romanian in the future.

In addition to its current offices in Vienna (Bybit EU GmbH) and Amsterdam (Satos B.V.), the exchange plans to open new regional offices across France, Germany, Spain, and Italy. This expansion is part of Bybit's mission to provide secure, transparent, and fully compliant digital asset trading in Europe. Mazurka Zeng, Managing Director and CEO at the Vienna office, stated that the exchange’s “goal is to become a catalyst for crypto adoption in Europe.”

In late May, Bybit received its MiCAR license from Austria’s Financial Market Authority (FMA), enabling it to offer regulated crypto services across 29 EEA countries, reaching some 450 million users. This license allows Bybit to act as a fully regulated crypto-asset service provider under the European Union’s digital finance framework. The operations of Bybit EU GmbH are transparent and come with regular regulatory reporting, fully compliant with EU anti-money laundering laws and adhering to GDPR and data privacy regulations.

Bybit's launch of Bybit.eu marks a significant milestone in its mission to provide secure, transparent, and fully compliant digital asset trading in Europe. The platform's commitment to regulatory compliance and user experience positions it as a key player in the European crypto market. Bybit's expansion into Europe is part of a broader trend of crypto companies opening their doors in the region, spurred by clearer regulations and rising adoption.