Vienna, May 29, 2025 / Prnewswire / – BybitThe second largest cryptocurrency exchange in the world was the Crypto Assets Regulation (Micar) license. Austrian Financial Market Authority (FMA)It means a pivotal moment in European expansion. Through this new license, BYBIT can now operate an Austrian EEA Hub as a password analysis service provider that allows almost 500 million Europeans in the 29 EEA (29 EEA) member states. With this regulatory milestone, BYBIT established the official European headquarters in Vienna, Austria.
The MICAR license emphasizes the firm commitment of BYBIT to meet the highest regulatory standards in Europe, including important protection measures designed to increase transparency in the digital financial ecosystem of the European Union, to prevent illegal activities and protect consumers.
“Securing Micar licenses in Austria is evidence of compliance priority approach in BYBIT.” BYBIT co -founder and CEO Ben Zhou. “We actively cooperate with regulators and pursue licenses worldwide so that users can access innovative platforms with the highest level of regulation and compliance guarantee.”
To support the upcoming European expansion, BYBIT is investing in Austria and plans to hire more than 100 experts in Vienna to provide users with more local and regulated services.
“Getting a Micar license shows our promise to compliance and transparency according to Europe’s high regulatory standards.” Mazurka Zeng, CEO of BYBIT EUROPE.
“Vienna is now the home of Bybit Europe, and we are proud to have contributed to Austria’s future predictive financial environment by investing in talent and innovation. Blockchain for Good Alliance (BGA)We will work closely with universities in the area to foster next -generation blockchain innovators and expand resources to explore the actual applications that are influential of technology, ”Mazurka said.
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About Bybit
BYBIT is the world’s second largest encryption set exchange platform that allows more than 70 million users to access innovative encryption investment products and services worldwide. BYBIT EU is a newly established EU headquarters and will provide services to EEA customers on a dedicated bybit EU platform.
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