Bybit Secures E-Money License for European Operations
Cryptocurrency exchange Bybit.eu announced that Bybit Payments GmbH has obtained an e-money issuer license in Austria, expanding its regulated services in Europe.
Bybit.eu is expanding its European service offering after its subsidiary, Bybit Payments GmbH, was granted an e-money issuer license in Austria on August 4, 2026. This license allows the company to provide regulated electronic money and payment services on the Bybit.eu platform.
The newly acquired license enables Bybit to offer these regulated financial services alongside its existing cryptocurrency-related services. This move signifies an effort by the company to enhance its compliance with European financial regulations.
Bybit aims to integrate these services to provide a more comprehensive financial ecosystem for its users within the European Economic Area. The ability to offer e-money services is expected to facilitate smoother transactions and potentially attract a broader user base seeking regulated crypto platforms.
This regulatory milestone is part of Bybit's broader strategy to establish a stronger presence in regulated markets globally. By securing this license, Bybit demonstrates a commitment to operating within established legal frameworks, which could improve user trust and market acceptance.