Bybit adopts Nasdaq Market Regulation Platform to strengthen MiCAR compliance capabilities

Odaily Planet Daily News: Bybit announced today that its European subsidiary, Bybit EU, has adopted the Nasdaq Market Surveillance Platform to further strengthen its ability to prevent and detect market manipulation and ensure continued compliance with the Markets in Crypto-Assets Regulation (MiCAR) across the EU.

It is reported that Nasdaq's market supervision platform is known for its modular and flexible architecture. It can not only meet MiCAR's strict monitoring and reporting standards for exchanges, but will also support Bybit EU's continued expansion in Europe and quickly respond to local regulatory obligations.

Mazurka Zeng, Managing Director and CEO of Bybit EU, said, "This partnership demonstrates Bybit's unwavering commitment to providing users with a secure, transparent, and compliant digital asset trading experience. We are honored to partner with Nasdaq, leveraging their innovative technology and leading market regulatory expertise to safeguard the resilience and integrity of our trading platform."