{"id":130218,"date":"2025-05-29T12:16:08","date_gmt":"2025-05-29T12:16:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130218"},"modified":"2025-05-29T12:16:08","modified_gmt":"2025-05-29T12:16:08","slug":"bybit-secures-mica-license-in-austria-opens-eu-base-in-vienna","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130218","title":{"rendered":"Bybit secures MiCA license in Austria, opens EU base in Vienna"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria\u2019s Financial Market Authority (FMA), allowing the exchange to expand into the European market.<br \/>\nThe approval allows Bybit EU, registered under commercial number 636180i, to operate as a regulated crypto asset service provider (CASP) and extend its services across all 29 European Economic Area member states.<br \/>\nAs part of its expansion, Bybit has officially established its European headquarters in Vienna, Austria, according to a May 29 news release shared with Cointelegraph.<br \/>\nThe move enables the platform to serve nearly 500 million Europeans under MiCA\u2019s harmonized framework, which is designed to promote regulatory consistency, prevent illicit activity and protect consumers.<br \/>\n\u201cSecuring the MiCAR license in Austria is a testament to our compliance-first approach at Bybit,\u201d said Ben Zhou, co-founder and CEO of Bybit. \u201cWe are actively collaborating with regulators and pursuing licenses globally to ensure our users can access our innovative platform with the highest levels of regulatory and compliance assurance.\u201d<br \/>\nBybit listing on the FMA website. Source: FMARelated: Crypto swapper eXch shows signs of life after post-Bybit shutdown<br \/>\nBybit to hire over 100 in Vienna<br \/>\nBybit will also hire over 100 staff in Vienna to support its European operations and offer localized crypto services tailored to EU regulations. \u201cVienna is now the home of Bybit Europe,\u201d said Mazurka Zeng, CEO of Bybit Europe:<br \/>\n\u201cWe\u2019re proud to contribute to Austria\u2019s forward-looking financial environment by investing in talent and innovation.\u201d<br \/>\nThe firm also plans to work closely with universities across the region through its Blockchain for Good Alliance (BGA) initiative to promote blockchain technology.<br \/>\nThe MiCA framework became enforceable in early 2025, prompting crypto companies to establish regulated bases within the bloc to legally expand their services across borders.<br \/>\nRelated: Bybit recovers liquidity levels 30 days after hack \u2014 Kaiko<br \/>\nBybit becomes second-largest exchange<br \/>\nFounded in 2018 and now based in Dubai, Bybit ranks as the second-largest crypto exchange by trading volume, according to CoinMarketCap. The company relocated its global headquarters from Singapore to Dubai in 2022.<br \/>\nThe 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.<br \/>\nOn May 9, German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen during the Bybit hack.<br \/>\nMagazine: Move to Portugal to become a crypto digital nomad \u2014 Everybody else is<a href=\"https:\/\/cointelegraph.com\/news\/bybit-secures-mica-license-establishes-eu-hq-in-vienna?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBybit has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria\u2019s Financial Market Authority (FMA), allowing the exchange to expand into the European market. The approval allows&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130218"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130218"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130218\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130218"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}