Bybit Unleashes Bybit.eu: A Game-Changer for European Crypto!

Hold onto your hats, crypto fans! Bybit just dropped a bombshell with the launch of Bybit.eu, a fresh platform tailor-made for the European Economic Area.

On July 1, Bybit didn't just talk the talk—they walked the walk! Their new platform is fully licensed and ready to rumble, ticking all the boxes for the EU's tough-as-nails Markets in Crypto-Assets regulation. Bybit EU GmbH, chilling in Vienna, Austria, will be running the show across 29 EEA countries.

Bybit didn't mess around when building this beast. They crafted it from the ground up to meet MiCA's hardcore standards, from protecting investors to keeping things transparent and stacking those capital reserves sky-high.

“Bybit.eu is our pledge to Europe, no backing down!” Mazurka Zeng, the head honcho at Bybit EU GmbH, declared. “Europe needs a top-notch crypto gateway that blends cutting-edge tech with solid regulations. That’s what Bybit EU brings to the table,” Zeng added with a grin.

Get ready for a slick brokerage platform that feels like home, with 24/7 multilingual support and VIP account management for the high rollers among us.

Kicking off in Vienna, Bybit's not stopping there. They're gearing up to plant their flag in Italy, France, Germany, and Spain, spreading the crypto love across Europe!

Exchanges Get the MiCA Stamp of Approval

Bybit's not just any player—they're one of the big dogs to snag a MiCA license, hitting that milestone back in late May. They got the green light from Austria's Financial Market Authority.

The EU's MiCA isn't playing around, coming into full force by the end of December 2024. It's a no-nonsense rulebook that says all crypto providers gotta register, no exceptions.

MiCA's not just about ticking boxes. It's about keeping the bad guys out with anti-money laundering moves and locking down user data tight. And don't forget the stablecoin game—MiCA's here to smooth things out while cheering on crypto and blockchain innovation. Bybit.eu is ready to grow and glow with compliance.

“We’re here to light the fire for crypto in Europe,” Zeng boasted.

Bybit's not the only one in the MiCA club. Coinbase, OKX, and Kraken are also in the game, making waves in the European crypto scene.