Bybit received a Mica license from Austria: Officially the Crypto in the EU
Bybit, the crypto currency exchange, has officially gained a license from Austria in line with the Mica regulation of Europe. This move will accelerate the growth of the platform in the European market.
Bybit received a Mica license from Austria: expanding crypto services in Europe
The Dubai -based crypto currency exchange Bybit officially officially officially received a license from Austria within the scope of the European Union’s new digital asset regulation.
The crypto currency exchange Bybit was officially licensed by the Austrian Financial Markets Institution (FMA) in line with the European Union’s Mica (Markets in Crypto Assets) framework that regulates crypto assets. This step is a critical turning point for Bybit to expand its services in Europe and gain the right to “passport” in 27 member states.
🏛️ What is Mica and why is it important?
Mica is a comprehensive legal framework for digital assets by the European Union and entered into force at the beginning of 2025.
This regulation enables the application of uniform rules across EU in areas such as crypto exchanges, wallet providers and stablecoin export.
Mica license offers companies the right to operate in all EU countries (Passporting).
🇦🇹 Austria: on the way to become a European crypto center
Austria, where Bybit is licensed, is currently home to large players such as Bushpanda within the scope of Mica.
Bank has a language in both Austria and Germany and is one of the most important crypto intermediaries in the region.
Austria stands out as a strategic “regulation friendly” center after Mica.
🌍 About Bybit
Founded by Ben Zhou in 2018, Bybit is the second largest crypto exchange in the world according to the transaction volume according to CoinMarketCAP data.
In 2022, the company focused on the Middle East by moving its headquarters from Singapore to Dubai.
In an attack in February 2025, a crypto asset of $ 1.5 billion was stolen from the platform. This was recorded as the largest cyber attack in crypto history.
🧩 What does it mean?
Bybit’s Mica license means that both corporate investors in Europe and retail users may trust this platform more. At the same time, the importance of being settled in Europe in the regulation race between crypto exchanges comes to the agenda again.
