Bybit EU starts: Swap coins safely thanks to the new Micar license!

Bybit EU starts: Swap coins safely thanks to the new Micar license!

Wien, Österreich - On July 1, 2025, Bybit, the second largest cryptocurrency exchange in the world according to volume, announced the official introduction of its platform bybit.eu. This new platform was developed exclusively for users in the European Economic Area (EEA) and plays a central role in the company's strategy to open up the European market. The headquarters of Bybit EU is located in Vienna and offers users a complete micar license from the Austrian Financial Market Authority (FMA), which is recognized for its professional approach in the regulation of digital financial services. [ots.at] (https://www.ots.at/presseaus-sung/ots_20250711_ots0003/byBit-eu-biet-in-le-zukun- fuer-cryptova-ceremony-in-Europe) reports that bybit EU to bid fast, safe and intuitive cryptopods Clarity and transparency are based.

The platform bybit.eu is not only a trading platform, but also strives to create a comprehensive crypto ecosystem that meets the needs of European users. This gives over 450 million Europeans access to regulated crypto services. The services offered include the custody and management of crypto-assets, the exchange of crypto-assets for money and between crypto-assets. cointribune.com adds that the platform also offers highly developed trading tools and a user-friendly experience in several European languages, supported by a 24/7 multilingual Customer service.

regulation and licensing

Micar regulation (Ordinance (EU) 2023/1114), which was decided by the European Parliament on April 20, 2023, aims to harmonize the European regulatory framework for crypto values. It is intended to promote innovations and protect financial stability. The license from Bybit EU was "passported" in 29 EEA countries, which is a significant competitive advantage for the company. The FMA issued the license in early 2023, and bybit EU GmbH fulfills the highest standards of user protection, including ISO/IEC 27001 certification and multi-party computing (MPC) wallet technology.

With the regulatory basis by Micar plans by BYBIT EU to hire over 100 specialists in Vienna and to enter into cooperation with Austrian universities. In addition, the company will expand its local presence through the opening of new offices in countries such as France, Germany, Spain and Italy in order to become a trustworthy partner for blockchain developers and institutions. bafin.de provides further information about the necessary approval procedures and the regulatory framework, which has been valid for crypto service providers since December 30, 2024.

future prospects for bybit EU

bybit EU. With the introduction of transparent operations, regular reports to the regulatory authorities and compliance with European anti-money laundering laws, the company will receive a position as a pioneer in the industry. The combination of technological progress and regulatory clarity could provide Bybit a decisive advantage in the fast-developing crypto market of the European Union.