Bybit EU Group, the European arm of Bybit, the world’s second-largest cryptocurrency alternate by buying and selling quantity, has formally utilized for an funding agency license beneath Austria’s implementation of the Markets in Monetary Devices Directive (MiFID II), in line with the experiences disclosed to Finbold on Friday, September 5.
If the appliance is accredited, the corporate’s native entity, Bybit X GmbH, will have the ability to provide regulated derivatives merchandise such futures and choices throughout the European Financial Space (EEA).
The applying largely coincides with the official launch of Bybit’s crypto fee card in the identical area, which now permits customers to spend digital property comparable to Bitcoin (BTC) and USD Coin (USDC) by way of Apple Pay, Google Pay, or a bodily card.
The Crypto Card you have been ready for is lastly dwell!
Take pleasure in 20% cashback!
Request your Bybit Card immediately on Bybit EU!https://t.co/a4z71pGEAT pic.twitter.com/O3YNUPjjE5— Bybit EU (@BybitEU) September 3, 2025
Bybit’s enlargement in Europe
The pending license represents a major enlargement of the Bybit.eu platform, which is at present offering spot providers beneath the Markets in Crypto-Belongings (MiCAR) license.
“This license will permit Bybit EU Group to increase its providers within the EU by way of Bybit X and Bybit EU and can make it doable to supply derivatives comparable to futures and choices on the bybit.eu platform. We see this as a significant increase to our presence within the EEA. Our mission is evident: to offer the total vary of crypto-focused providers to our European customers within the most secure and most compliant approach doable,” stated Mazurka Zheng, Managing Director and CEO of Bybit EU.
To this point, the MiCAR-compliant platform has launched options comparable to spot margin buying and selling with as much as 10x leverage, the Bybit Lite app, and a Bybit Card program.
As well as, partnerships with Circle have helped increase USDC adoption in Europe.
Wanting forward, the corporate is specializing in regulatory readability as the important thing to establishing Europe as a profitable and superior buying and selling market.
All in all, the MiFID II license would assist make a broader suite of merchandise accessible to European shoppers whereas reinforcing the alternate’s place as an necessary driver of innovation on the continent.
Featured picture by way of Shutterstock
