Bybit Seeks Crypto License In Austria
Bybit has announced plans to enter Austria as it pursues regulatory licensing in this EU jurisdiction ahead of the implementation of the MiCA regulation later this year.
As the world’s second-largest cryptocurrency exchange continues its expansion in key markets, the company will launch operations subject to approval by local authorities in Austria, ensuring full compliance with regulatory standards at the appropriate time, they announced.
Bybit has clarified that it is currently not licensed in Austria and thus does neither actively offer its services in Austria nor to the Austrian market, but it is already working diligently to determine the optimal timing for a potential launch once the Austrian regulator green lights the…
