Bybit Opens Vienna Office Following EU MiCA Approval

Crypto exchange Bybit has received formal approval from Austria’s Financial Market Authority (FMA) to operate under the European Union’s Markets in Crypto-Assets Regulation (MiCA). This move allows the platform to offer crypto services across all 29 countries of the European Economic Area (EEA), marking a significant strategic shift for Bybit. The company has also opened its new European headquarters in Vienna, with plans to expand operations and hire over 100 employees. This office will serve as the hub for EU market growth, compliance, and product localization.