Bybit has secured a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority (FMA), allowing the exchange to enter the European market. With this approval, Bybit EU can operate as a regulated crypto asset service provider (CASP) across all 29 European Economic Area member states. Bybit has set up its European headquarters in Vienna, Austria, to serve nearly 500 million Europeans under MiCA’s regulatory framework. The platform will hire over 100 staff in Vienna and collaborate with universities through its Blockchain for Good Alliance (BGA) initiative. Despite a major breach in February 2025, Bybit has become the second-largest crypto exchange by trading volume. The move to Dubai in 2022 and the recent regulatory win highlight Bybit's commitment to compliance and expansion in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news