Bybit Receives EU MiCA License, Opens Office in Vienna
Date: 2025-05-30 Author: Gabriel Deangelo Categories: BUSINESS
Cryptocurrency platform Bybit has received approval from the Austrian financial regulator Financial Market Authority (FMA) under the MiCA regulation, allowing the company to provide services throughout the European Economic Area. This includes 29 countries and approximately half a billion potential customers.
This move comes as Bybit opens a new headquarters in Vienna. The company aims to make Austria its main operational hub in Europe. The exchange’s management also announced its intention to invest in the region and hire over a hundred new employees to ensure that its services comply with European requirements.
The company’s CEO Ben Zhou noted that receiving the license confirms Bybit’s commitment to full compliance. He emphasized the importance of constructive dialogue with regulators around the world, thanks to which users have access to a secure and advanced platform.
According to Bybit, having a license in Austria makes it one of the few international exchanges that has officially received permission to operate in the EU under the new MiCA rules. This demonstrates the company’s serious intentions to operate strictly within the law.
Bybit has previously moved its global headquarters to Dubai, demonstrating a strategic approach to choosing jurisdictions. Zhou added that such decisions are made with the expectation of long-term cooperation with regulators.
Bybit’s head of European operations, Mazurka Zeng, emphasized the importance of openness and compliance with European standards. She also announced plans to establish partnerships with universities through the Blockchain for Good Alliance initiative, aimed at the sustainable development of the blockchain industry.
The MiCA license is especially significant against the backdrop of the February incident, when the platform lost $1.5 billion in digital assets as a result of a hack. Expanding its presence in Europe is part of a strategy to restore user trust.
Thus, obtaining a license and opening an office in Vienna symbolizes a new stage for Bybit on the European market: the platform is betting on stability, transparency and compliance with international standards.
