Bybit receives Mica license in Austria: bybit.eu on July 1st
By issuing his mica license in Austria, Bybit sets a milestone and is planning the start of bybit.eu on July 1, 2025. An important step for crypto compliance and adoption in Europe!
A mica license to conquer Europe
Bybitone of the leading ones Cryptocurrency exchangeshat on May 28, 2025 her mica license (Markets in Crypto-Assets Regulation) preserved in Austriawhich represents an important milestone for their expansion in Europe.
This approval, which was granted by the Austrian Financial Market Authority (FMA) to Bybit EU GmbH, enables the platform, in all 27 countries of the European Union and legally operating the European Economic Area (EEA), with the exception of Malta. The start of bybit.eu, the platform specially designed for European users, is for the July 1, 2025 planned, i.e. in 26 days from June 4, 2025.
The Mica license issued on May 28, 2025 positioned bybit among the first major crypto bonds that correspond to this European regulatory framework. Thanks to the mica passporting system its services throughout the EEA offer without additional licenses per country.
This regulation determines strict standards: consumer protection, transparency, robust corporate management and adequate financial reserves. These requirements ensure increased security for users and strengthen the credibility of Bybit on the European market towards competitors such as BinanceCoinbase or octopus.
Start of bybit.eu on July 1, 2025
Bybit.euThe new European platform will start on July 1, 2025, according to the official announcement of June 2, 2025. It was developed to meet local needs and mica regulations and will replace the global platform for EEA users.
New customers from the region can no longer register on the global website, but have the option of to register on bybit.eu in advance. From July, all legitimate users must switch to this interface in order to be able to access the services, which corresponds to a global trend, in which crypto bonds adapt their offers to regulation framework.
BYbit hat Wien in Austria as European headquarters Elected, a strategic location in a country that is open to blockchain technologies. The stock exchange plans more than 100 experts To set this office that will cover areas such as compliance, business development, customer support and technical processes.
This initiative reflects Bybits ambitions to conquer a significant share in the European market, which according to Coincentral 500 million potential users in 29 countries.
Advantages and changes for users
For EWR users, Bybit.eu essential advantages offer: increased protection of funds, increased transparency through mandatory reports, tailor -made services and tools for tax compliance.
However, some complex products due to the Mica restrictions restricted become – a compromise to ensure security and legality.
The preservation of the mica license and the start of bybit.eu testify to the commitment of large crypto bonds to adapt to regulations. This approach could Trust of investorsBoth private and institutional strengths by reducing regulatory risks. The increased competition between compliant platforms in Europe should also promote innovation and service quality.
In summary, the start of bybit.eu marks one in 26 days Decisive progress for Bybit and the European cryptom market. By compliance with mica, the stock exchange strengthens its position and prepares the soil for increased acceptance of Cryptocurrencies. The coming weeks will be decisive to successfully design this transition and to win EEA users.
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Disclaimer
This article serves exclusively information purposes and should not be regarded as investment advice. Some of the partners presented on this website cannot be regulated in their country. It is your responsibility to check the conformity of these services with the local regulations before using them.
