Bybit Adds Regulated Payment Services After Securing Austria EMI Approval
Bybit has expanded its European regulatory presence after securing an Electronic Money Institution license for Bybit Payments GmbH from Austria’s Financial Market Authority. The approval strengthens the company’s long-term strategy across the region while broadening its financial services ambitions.
Additionally, the new authorization allows Bybit to develop regulated payment solutions alongside its existing crypto operations. The move also reflects Europe’s growing focus on combining digital assets with traditional financial services under a structured regulatory framework.
Clear Separation of Financial Services
Bybit now operates two regulated Austrian entities with separate responsibilities. Bybit EU GmbH manages crypto-asset services under its MiCAR authorization, while Bybit Payments GmbH oversees electronic money and payment services.
Consequently, the compan…
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