The Austrian Monetary Market Authority (FMA) confirmed that Bybit’s MiCAR license had been authorized, allowing the alternate to present regulated products and services within the jurisdiction. The alternate’s CEO beforehand acknowledged obtaining the MiCA license would possibly perchance be a fundamental milestone.
Bybit used to be authorized for a MiCAR license in Austria, paving the formulation for enlargement into the European market in compliance with the EU’s MiCA regulation framework. The license used to be granted to Bybit EU GmbH, listed by the Austrian FMA.
MiCA got here into carry out in early 2025, and the alternate selected Austria as its EU putrid to develop products and services across the 27 EU member states. The alternate opened its EU putrid in Vienna and plans to rent over 100 workers and collaborate with local universities by its Blockchain for Appropriate Alliance. It also goals to develop regulated crypto products and services tailored to EU regulations, serving merely about 500M European customers.
Zhou says Bybit is taking part with regulators to pursue licenses globally
Bybit is now MiCAR regulated. https://t.co/B7FAUDjNq0
— Ben Zhou (@benbybit) Would possibly perchance additionally 29, 2025
The co-founder and CEO of Bybit, Ben Zhou, acknowledged obtaining the MiCAR license in Austria used to be a fundamental milestone, as it allowed the alternate to exceed the expectations of European regulators and users. The alternate has faced compliance challenges in different regions, including France and the Netherlands, nonetheless aloof remains committed to world regulatory requirements.
In maintaining with Bybit, the MiCAR license highlighted its dedication to assembly the European regulatory requirements, including safeguards designed to present a boost to transparency, quit illicit actions, and provide protection to shoppers one day of the European Union’s digital finance ecosystem.
“Securing the MiCAR license in Austria is a testomony to our compliance-first means at Bybit…We’re actively taking part with regulators and pursuing licenses globally to be clear our users can accumulate admission to our modern platform with primarily the most attention-grabbing ranges of regulatory and compliance assurance.”
–Ben Zhou, co-founder and CEO of Bybit
The Chief Govt Officer of Bybit Europe, Mazurka Zeng, also acknowledged obtaining the MiCAR license demonstrated the alternate’s dedication to compliance and transparency, which aligns with Europe’s regulatory requirements.
Zeng added that the alternate used to be dedicated to supporting a local crypto community by the Blockchain for Appropriate Alliance (BGA), working closely with universities across the set aside to domesticate the next technology of blockchain innovators and exploring exact-world purposes of the technology.
Bybit tweaks products and services to align with assorted regional regulatory frameworks
In December 2024, the alternate rapidly adjusted its operations one day of the European Financial Space (EEA) to conform with MiCA regulations. It ceased frequent communications with EEA users to pursue a MiCA license in Austria. On the opposite hand, existing customers aloof had uninterrupted accumulate admission to to their crypto resources, though this adjustment restricted clear actions.
The firm also assured its users that this measure used to be non permanent to retain some distance off from regulatory breaches. The alternate’s team acknowledged that the platform would re-interact with the EEA market once it secured the MiCA license. Bybit is at the second one of the vital first fully compliant platforms serving the EEA crypto community.
Bybit launched an Islamic account, which used to be a fundamental step in direction of offering crypto trading compliant with Islamic regulations. The alternate grew to become the first world crypto trading platform to present the carrier to Muslim merchants because the Islamic financial system grew, serving merely about 1.9 billion folk worldwide.
The firm ensured double Shariah certification by tapping both Crypto Halal Certification and the professional Shariah certification from ZICO Holdings to guarantee that every one products met primarily the most attention-grabbing requirements of Islamic regulations.
Bybit used to be also granted a fat license by the Astana Monetary Provider Authority (AFSA) to fair as a fully authorized market institution in Kazakhstan. The alternate’s Kazakhstani AFSA-regulated operation presents a unfold of products and services, including working a digital asset trading facility, offering custody, coping with investments as both an agent and most fundamental and managing investments.
Bybit Türkiye used to be officially acknowledged as a Crypto Asset Provider Provider by the Capital Markets Board (CMB) of Turkey. The alternate operates by Narkasa Yazılım Ticaret Anonim Şirketi, ensuring compliance whereas supporting the country’s rising crypto sector.
The alternate’s Turkish operation also launched TRY (Turkish Lira) trading pairs on its Space market, allowing Turkish users to purchase and sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) straight away with TRY.
