Bybit EU officially introduced its services to the European market, launching in Vienna in compliance with all regulatory standards.
Launch of Bybit EU in Vienna
At a press conference in Vienna, the new Bybit EU platform was unveiled, now fully operational in the European market. Bybit EU received full licensing from the Austrian Financial Market Authority (FMA) under MiCAR regulations. Notably, this license allows Bybit EU to serve all 29 countries within the European Economic Area.
Strategic Importance of Vienna
Vienna was chosen as the headquarters due to its central geographic position and advanced legal infrastructure. Bybit EU's CEO, Mazurka Zeng, noted that Austria's strategy for financial innovation provides an ideal backdrop for launching pan-European crypto services.
Regulated Ecosystem of Bybit EU
Bybit EU aims to create a comprehensive crypto ecosystem that ensures user protection by applying ISO/IEC 27001 standards and multi-party computation wallet technologies. Georg Harer, Bybit EU's Head of Legal, emphasizes that regulation will enhance transparency and trust in the industry.
The launch of Bybit EU in Vienna marks a significant step for the crypto industry in Europe, offering new opportunities within a regulated and transparent ecosystem.
