Bybit Builds Comprehensive Trading Platform in Europe

Bybit is building a comprehensive platform in Europe that combines crypto trading with traditional financial instruments. The exchange has secured authorization under MiCA from Austria's Financial Market Authority and is now pursuing a MiFID II license to offer regulated futures and options across the European Economic Area.

The regulatory strategy involves two tracks: securing Crypto-Asset Service Provider authorization under MiCA, which was granted in May 2025, and submitting an application for a MiFID II license in September 2025. The distinction between these licenses is crucial, as it would allow Bybit to offer European users products that are not available globally due to regional compliance boundaries.

The super-app vision involves integrating traditional financial instruments with crypto functionalities once the necessary regulatory approvals are secured. However, no specific details have been outlined by the exchange regarding this vision. The European crypto landscape is getting crowded, with competitors such as Coinbase, Kraken, and Bitstamp pursuing or securing European licenses.