Bybit has obtained regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA) and established its European headquarters in Vienna. Former CFTC Chair Rostin Behnam advocates for new authority to regulate crypto. BlackRock is looking to acquire a 10% stake in Circle ahead of its IPO. Bybit's MiCA license from Austria’s FMA allows expansion into the European market. Bybit EU can now operate as a regulated crypto asset service provider across all 29 European Economic Area member states. Bybit's compliance-first approach is highlighted by CEO Ben Zhou. Behnam emphasizes the need for CFTC to regulate cash markets in digital assets to prevent harm and fraud. BlackRock and Ark Investment Management show interest in investing in Circle's IPO. Circle aims to raise $624 million in its offering of Class A common stock. Ripple and Coinbase were rumored to be considering acquiring Circle, which the company has denied. Read more AI-generated news on: https://app.chaingpt.org/news

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