Crypto Exchange Bybit Launches Regulated Platform For European Users

Bybit, one of the world’s leading cryptocurrency exchanges, has launched its Bybit.eu website, a new platform tailored specifically for users within the European Economic Area (EEA). According to an official announcement, Bybit EU GmbH will operate the latest platform. It is a fully authorized Crypto-Asset Service Provider by the Markets in Crypto-Assets Regulation (MiCAR).

More Than Just Expansion

For Bybit, the launch is not just another platform. It is a significant step in creating a safer and more transparent crypto experience for users across Europe, while also meeting the region’s stringent compliance standards.

In addition to its expansion efforts, Bybit is making strategic investments in community development, talent acquisition, and technological innovation. The crypto giant revealed that it is committed to becoming a trusted ally to blockchain developers, institutions, and everyday users.

Commenting on the latest move, Mazurka Zeng, Managing Director and CEO of Bybit EU GmbH, said:

“Bybit.eu is our long-term commitment to Europe. “Europe deserves a world-class crypto gateway that balances technology with robust regulatory standards. That’s exactly what Bybit EU delivers.”

Bybit EU GmbH Enters 29 EEA Countries

According to the announcement, Bybit EU GmbH, headquartered in Vienna, now offers licensed crypto services to 29 EEA countries. This means that over 450 million Europeans can use one trusted platform that meets MiCAR standards.

As a purpose-built platform that meets MiCAR’s requirements for investor protection, the company offers a brokerage platform with deep liquidity sourcing, localized user experience, and customer service in major European languages, VIP account management, and 24/7 multilingual support. 

While all these features are remarkable, the company will maintain transparent operations and adhere to regular regulatory reporting. Additionally, it will ensure full compliance with EU anti-money laundering laws and operate by GDPR standards and robust data privacy frameworks.

Zeng added that the region’s goal is to become a catalyst for crypto throughout Europe. Meanwhile, the report emphasized that Bybit EU GmbH is not authorized to operate a crypto asset trading platform. Also, it does not provide investment advisory services.

It is authorized to offer services, including providing custody and administration of crypto assets on behalf of clients, and placing of digital assets. It also provides transfer services for crypto assets to clients and the exchange of crypto for funds.

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