Bybit applies for an investment firm license in Austria

Bybit EU Group, the European arm of Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has formally applied for an investment firm license under Austria’s implementation of the Markets in Financial Instruments Directive (MiFID II), according to the reports disclosed to Finbold on Friday, September ￰1￱ the application is approved, the company’s local entity, Bybit X GmbH, will be able to offer regulated derivatives products such futures and options across the European Economic Area (EEA). The application largely coincides with the official launch of Bybit’s crypto payment card in the same region, which now allows users to spend digital assets such as Bitcoin ( BTC ) and USD Coin ( USDC ) through Apple Pay, Google Pay, or a physical ￰2￱ Crypto Card you were waiting for is finally live!

Enjoy 20% cashback! Request your Bybit Card today on Bybit EU! ￰0￱ ￰3￱ — Bybit EU (@BybitEU) September 3, 2025 Bybit’s expansion in Europe The pending license represents a significant expansion of the ￰4￱ platform, which is currently providing spot services under the Markets in Crypto-Assets (MiCAR) license. “This license will allow Bybit EU Group to expand its services in the EU through Bybit X and Bybit EU and will make it possible to offer derivatives such as futures and options on the ￰5￱ ￰6￱ see this as a major boost to our presence in the ￰7￱ mission is clear: to provide the full range of crypto-focused services to our European users in the safest and most compliant way possible,” said Mazurka Zheng, Managing Director and CEO of Bybit ￰8￱ far, the MiCAR-compliant platform has introduced features such as spot margin trading with up to 10x leverage , the Bybit Lite app, and a Bybit Card ￰9￱ addition, partnerships with Circle have helped boost USDC adoption in ￰10￱ ahead, the company is focusing on regulatory clarity as the key to establishing Europe as a successful and advanced trading ￰11￱ in all, the MiFID II license would help make a broader suite of products accessible to European clients while reinforcing the exchange’s position as an important driver of innovation on the ￰12￱ image via Shutterstock