Bybit Expands European Offering with Electronic Money Institution Licence

Bybit Payments GmbH has been granted an Electronic Money Institution (EMI) licence by Austria's Financial Market Authority (FMA), allowing it to provide regulated e-money and payment services on the Bybit.eu platform.

The EMI licence will support Bybit Payments GmbH in developing strategic relationships with financial institutions, payment providers, and enterprise partners, while reducing reliance on third-party payment infrastructure over time.

Bybit EU GmbH, an Austrian crypto-asset service provider authorised under MiCAR, provides separate crypto-asset services on the Bybit.eu platform. The two entities have distinct regulatory permissions and responsibilities to comply with regulatory requirements.