Bullish

Bybit Secures Austrian EMI License for Regulated European Payment Services

2026-08-05 03:28

Bybit Payments GmbH obtains Austrian EMI license from FMA, enabling regulated e-money services across Europe via Bybit.eu alongside existing MiCAR authorization.

Woofun AI reports that Bybit Payments GmbH has received an Electronic Money Institution license from the Austrian Financial Market Authority. This authorization allows Bybit to provide regulated e-money and payment services throughout Europe through Bybit.eu. The entity complements Bybit EU GmbH, which has operated as a crypto asset service provider under MiCAR since May 2025.

Bybit Payments will focus on fiat and e-money operations, distinct from the digital asset management handled by Bybit EU GmbH. Planned services include peer-to-peer transfers, open banking features, merchant solutions, card programs, and strong customer authentication tools. The license is expected to facilitate direct partnerships with European financial institutions and payment processors.

WOOFUN AI

Impact Assessment · Quick Read

The acquisition of an EMI license marks a significant regulatory milestone for Bybit, allowing it to operate within the traditional financial infrastructure of Europe. By separating fiat operations from crypto assets, Bybit aligns with evolving compliance standards while expanding its service offering. This move may enhance trust among institutional partners and users seeking regulated payment solutions, potentially increasing adoption of Bybit.eu in the region.
Generated by WOOFUN AI · For reference only, not investment advice

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