Cryptocurrency exchange Bybit plans to launch a new super app in Europe that will offer both a regular bank account and stock and crypto trading.

The privately held Dubai-based firm, which claims to have more than 80 million users worldwide, has been granted an electronic money institution license by European regulators.

That will enable Bybit, which also holds a Markets in Crypto Assets (MiCA) license in Austria, to launch the new super app for the European market.

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Bybit said that it aims to combine the offering of financial technology firms and online brokerages into one super app.

Going…