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Bybit opens European headquarters in Vienna after securing MiCA license in Austria – CoinJournal

29 May 2025
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Bybit opens European HQ in Vienna after securing Austria’s MiCA license.
The MiCA license permits Bybit to serve all 29 European Financial Space nations.
Bybit plans 100+ hires and collaboration with native universities in Vienna.

Bybit is establishing its European headquarters in Vienna, Austria, following the profitable acquisition of a license underneath the European Union’s Markets in Crypto-Property Regulation (MiCA) framework.

The regulatory milestone, introduced on Could 29, alerts the alternate’s agency dedication to compliance and positions it to supply providers legally and seamlessly throughout the 29 member states of the European Financial Space.

https://t.co/QernVrteeb

— Bybit (@Bybit_Official) Could 29, 2025

Bybit can now supply providers to all European residents

The approval was granted by Austria’s Monetary Market Authority (FMA), authorising Bybit EU, registered underneath business quantity 636180i, to function as a regulated crypto asset service supplier (CASP) inside the bloc.

The MiCA framework, which turned enforceable in early 2025, is reshaping the European crypto panorama by requiring all corporations providing digital asset providers within the area to function underneath unified licensing situations.

Bybit’s capacity to safe this license not solely showcases its readiness to adapt to evolving authorized requirements but in addition units a precedent for different exchanges aiming to legitimise their presence inside Europe.

The Dubai-based alternate can now serve the practically 500 million residents throughout Europe underneath a harmonised authorized framework designed to reinforce market transparency, strengthen shopper safety, and fight illicit actions.

Ben Zhou, the co-founder and CEO of Bybit, emphasised that regulatory compliance stays a high precedence and said that the agency is actively collaborating with regulators worldwide to make sure its customers profit from sturdy authorized protections.

Bybit commits to creating over 100 jobs in Vienna

As a part of its entry into the European market, Bybit has dedicated to creating greater than 100 new jobs in Vienna, supporting its aim of providing localised providers that align with EU guidelines and meet regional buyer wants.

Mazurka Zeng, the CEO of Bybit Europe, expressed enthusiasm concerning the transfer, describing Vienna as the brand new house of Bybit’s European operations and highlighting the agency’s contribution to Austria’s progressive monetary ecosystem.

Along with scaling its workforce, Bybit plans to strengthen ties with educational establishments all through the area by its Blockchain for Good Alliance (BGA), an initiative designed to advertise blockchain innovation and schooling.

At the moment ranked because the second-largest crypto alternate by buying and selling quantity, Bybit continues to construct its world footprint with a renewed deal with regulatory legitimacy and user-centric providers.

Regardless of dealing with a serious setback earlier within the yr with a $1.5 billion safety breach, Bybit has demonstrated resilience by regaining market confidence and recovering liquidity inside simply 30 days.

Notably, legislation enforcement authorities in Germany helped in seizing roughly €34 million from the crypto platform eXch, which was allegedly used to launder a part of the funds stolen in the course of the February 2025 assault on Bybit.

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