Bybit secures MiCA license in Austria, opens EU base in Vienna

Description

Bybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), allowing the exchange to expand into the European market.

Authors

Amin Haqshanas

Publish date

May 29, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/bybit-secures-mica-license-establishes-eu-hq-in-vienna

Referenced by

The regulatory win comes after Bybit suffered a massive breach in February 2025. The attack led to the loss of $1.5 billion in assets, making it the largest crypto theft on record.

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Bybit will also hire over 100 staff in Vienna to support its European operations and offer localized crypto services tailored to EU regulations.

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The move enables the platform to serve nearly 500 million Europeans under MiCA’s harmonized framework, which is designed to promote regulatory consistency, prevent illicit activity and protect consumers.

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