Key facts
- Bybit Payments GmbH obtained an Electronic Money Institution (EMI) license.
- The license was issued by Austria's Financial Market Authority (FMA).
- The approval allows Bybit to offer regulated payment services.
- The approval allows Bybit to offer regulated e-money services.
- These services will be available across the European Economic Area (EEA).
- Services will be provided via the Bybit.eu platform.
- The new license complements Bybit's existing crypto-asset services.
Bybit Payments GmbH has successfully obtained an Electronic Money Institution (EMI) license from Austria's Financial Market Authority (FMA). This significant regulatory milestone permits Bybit to offer a range of regulated payment and e-money services across the European Economic Area (EEA). The services will be accessible through Bybit's dedicated European platform, Bybit.eu. This new license serves to complement Bybit's existing cryptocurrency-asset services, broadening its regulated operational footprint within the European Union. The FMA's approval signifies a step towards greater regulatory compliance and service expansion for the crypto exchange within the EU market.