Bybit EU Group, the European arm of Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, has formally utilized for an funding agency license underneath Austria’s implementation of the Markets in Monetary Devices Directive (MiFID II), in line with the studies disclosed to Finbold on Friday, September 5.
If the appliance is authorised, the corporate’s native entity, Bybit X GmbH, will be capable of supply regulated derivatives merchandise such futures and choices throughout the European Financial Space (EEA).
The appliance largely coincides with the official launch of Bybit’s crypto cost card in the identical area, which now permits customers to spend digital property corresponding to Bitcoin (BTC) and USD Coin (USDC) via Apple Pay, Google Pay, or a bodily card.
The Crypto Card you had been ready for is lastly reside!
Take pleasure in 20% cashback!
Request your Bybit Card right now 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 presently offering spot companies underneath the Markets in Crypto-Property (MiCAR) license.
“This license will enable Bybit EU Group to broaden its companies within the EU via Bybit X and Bybit EU and can make it potential to supply derivatives corresponding to futures and choices on the bybit.eu platform. We see this as a serious enhance to our presence within the EEA. Our mission is obvious: to offer the total vary of crypto-focused companies to our European customers within the most secure and most compliant approach potential,” stated Mazurka Zheng, Managing Director and CEO of Bybit EU.
To this point, the MiCAR-compliant platform has launched options corresponding 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 enhance 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 trade’s place as an essential driver of innovation on the continent.
Featured picture through Shutterstock