Crypto Exchange Bybit Granted MiCA License in Austria

Description

Crypto exchange Bybit has been granted a license in Austria in compliance with Europe's framework for dealing in digital assets, the Markets in Crypto Assets (MiCA) regime, according to the website of the local regulator FMA..

Authors

Parikshit Mishra

Ian Allison

Publish date

May 29, 2025

Publisher

CoinDesk

Web URL

https://www.coindesk.com/policy/2025/05/29/crypto-exchange-bybit-granted-european-mica-license-in-austria

Referenced by

In February 2025, the exchange was hacked resulting in the loss of $1.5 billion in assets in the largest cryptocurrency theft on record.

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Founded in 2018 by entrepreneur Ben Zhou, Bybit, which has risen to become the second largest exchange by volume according to CoinMarketCap, is based in Dubai having moved its headquarters from Singapore in 2022.

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Bybit secures MiCA license in Austria

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