On July 10, 2025, a press conference was held in Vienna to mark the official launch of Bybit EU, which is ready to offer regulated cryptocurrency services in the European market.
Launch of Bybit EU
Bybit EU has started operations in Austria with full licensing from the Austrian Financial Market Authority (FMA) under the Markets in Crypto-Assets Regulation (MiCAR). This makes it one of the first crypto exchanges to obtain such authorization to operate in all 29 countries within the European Economic Area. According to Ben Zhou, co-founder and CEO of Bybit, their goal is to combine innovation with regulation to create a secure crypto ecosystem.
Vienna Headquarters: A Strategic Move
The choice of Vienna for Bybit's headquarters is attributed to its central geographic position, strong legal and financial infrastructure, and access to a highly educated multilingual workforce. Zhou highlighted that Austria offers a progressive stance on financial innovation and sandbox models for digital assets.
Regulated Crypto Service Ecosystem
Bybit EU's platform is designed to create a real-world ecosystem of crypto services that meets the evolving needs of users in the EU. The company’s infrastructure aligns with high user protection standards, including ISO/IEC 27001 certification and wallet technologies.
The launch of Bybit EU in Vienna, along with its compliance with MiCAR regulations, indicates the company's commitment to developing a stable and reliable crypto ecosystem in Europe, highlighting the importance of transparency and trust in this sector.
