Crypto platform Bybit introduces Bybit.eu, a MiCAR-conforming service specifically for European users.
Bybit, the second-largest cryptocurrency exchange globally, has launched **Bybit.eu**, a dedicated platform for users in the European Economic Area (EEA) that is fully compliant with the Markets in Crypto-Assets Regulation (MiCA), effective July 2025[1][3]. The platform is operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP), and serves users across 29 EEA countries[1].
Bybit EU GmbH, based in Vienna, Austria, is a licensed CASP under MiCAR, offering services such as custody and administration, exchange, placement, and transfer of crypto-assets, but does not operate a trading platform or provide investment advice[1][4]. This move is part of a broader industry shift as major crypto exchanges secure MiCA licenses to operate in Europe, with Bybit joining the likes of OKX, Coinbase, and Crypto.com[1].
**MiCA compliance** is the core feature of Bybit.eu, marking a significant step in regulatory adherence for crypto platforms in Europe[1][2][3]. MiCA provides a harmonized regulatory framework across the EU, ensuring investor protection, operational transparency, and regular regulatory reporting[2][3][4]. Bybit.eu’s compliance allows it to obtain a “pan-European passport,” enabling it to serve all 30 EEA countries after certification in a single jurisdiction[1].
The platform offers a brokerage platform with deep liquidity, advanced trading tools, localized user experience, and multilingual support. European users can continue using the global platform until September 30, 2025, after which migration to Bybit.eu will be automatic, with unsupported tokens converted to USDC if necessary[5]. New European registrations are only possible on Bybit.eu. During the transition period, users can maintain accounts on both platforms, but after September 2025, only Bybit.eu will be available for EEA users[5].
Bybit is offering enhanced welcome bonuses for EU users (e.g., 30 USDC) and exclusive campaigns, distinct from the global platform’s offerings[5]. The platform emphasizes transparent operations and regular regulatory reporting, aligning with MiCA’s requirements[4]. However, user feedback has highlighted some issues, particularly regarding customer service and account freezing incidents[2]. Rapid resolution of such issues will be important for maintaining user trust in the new, regulated environment[2].
Bybit’s entry into the regulated European market underscores the increasing importance of compliance in the crypto sector. The MiCA framework is expected to drive industry consolidation, as smaller exchanges may struggle with compliance costs and complexity[1]. Bybit.eu’s launch is part of a broader trend of rising trading volumes and regulatory clarity in Europe following MiCA’s implementation[1].
Bybit is investing in local communities, talent, and innovation in Europe to serve as a trusted partner for blockchain developers, institutions, and retail users.
| Feature | Bybit.eu (MiCA Compliant) | Notes | |----------------------------|-----------------------------------|-----------------------------------------------------------------------| | Regulatory Status | Fully MiCA-compliant | Licensed Crypto-Asset Service Provider[1][3] | | Availability | 29 EEA countries | Pan-European passport possible post-certification[1] | | Languages | Major European languages | English, Polish, Portuguese, Spanish (more planned)[1] | | User Transition | Automatic migration by Sep 2025 | Unsupported tokens converted to USDC[5] | | Welcome Bonuses | Enhanced for EU users | 30 USDC + exclusive EU campaigns[5] | | Customer Support | 24/7, localized | Some reported issues with account freezing[2] | | Transparency | Regular regulatory reporting | Aligns with MiCA requirements[4] |
- Bybit, the second-largest cryptocurrency exchange globally, has launched Bybit.eu, a MiCA-compliant platform serving users across 29 European Economic Area (EEA) countries.
- Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) based in Vienna, Austria, operates this platform, offering services such as custody and administration, exchange, placement, and transfer of crypto-assets, but does not operate a trading platform or provide investment advice.
- MiCA compliance is the core feature of Bybit.eu, a significant step in regulatory adherence for cryptocurrency exchanges in Europe, and is expected to drive industry consolidation due to increased compliance costs and complexity.