Bybit Secures MiCAR License in Austria: Expanding European Headquarters

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured its Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA). This pivotal move opens up Bybit’s operations across the European Economic Area (EEA), allowing it to provide regulated crypto products and services to nearly 500 million Europeans. The company also inaugurated its new European headquarters in Vienna, Austria, marking a significant step towards its expansion strategy within Europe.