Digital Asset Trading Giant Bybit Brings Crypto-Linked Debit Card to Europe

Bybit, one of the world’s largest cryptocurrency exchanges, has launched its debit card across the European Economic Area (EEA), offering users a way to spend digital assets at merchants connected to the Mastercard payment network.

Bybit EU’s card supports spending in bitcoin, USDC and other cryptocurrencies and allows users to link the card to Apple Pay and Google Pay or withdraw cash at ATMs, according to a press release, Wednesday. The exchange says the card is designed under Europe’s Markets in Crypto-Assets (MiCAR) regulatory framework.

To mark the rollout, Bybit is offering new customers a 20% cashback on purchases in September, provided they deposit at least $100 in crypto. The promotion also includes a 5 euro bonus for the…

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