Bybit Secures Austrian EMI License to Offer Regulated E-Money and Payment Services in Europe
2026-08-04 19:28
Odaily News: Cryptocurrency platform Bybit announced that its local subsidiary, Bybit Payments GmbH, has been granted an Electronic Money Institution (EMI) license by the Austrian Financial Market Authority (FMA), enabling it to offer regulated e-money and payment services across Europe via Bybit.eu.
Bybit EU GmbH has been authorized as a crypto asset service provider under the EU's Markets in Crypto-Assets Regulation (MiCAR) since May 2025. Bybit stated that Bybit Payments will handle fiat and e-money operations, while Bybit EU GmbH will manage digital asset operations.
Bybit Payments plans to roll out peer-to-peer transfers, open banking features, merchant solutions, card programs, and strong customer authentication tools under the EMI framework. A company representative noted that the license will support direct partnerships with European financial institutions and payment processors.
Bybit EU GmbH has been authorized as a crypto asset service provider under the EU's Markets in Crypto-Assets Regulation (MiCAR) since May 2025. Bybit stated that Bybit Payments will handle fiat and e-money operations, while Bybit EU GmbH will manage digital asset operations.
Bybit Payments plans to roll out peer-to-peer transfers, open banking features, merchant solutions, card programs, and strong customer authentication tools under the EMI framework. A company representative noted that the license will support direct partnerships with European financial institutions and payment processors.
Recommended Articles
