Crypto Exchanges
By Julie Binoche
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Two Entities, Two Regulatory Lanes. Bybit was pretty deliberate about how it's structured this.
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What the Austrian License Actually Unlocks. The bigger play here is probably about reducing third-party dependency.
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Austria as a Gateway. Austria has become a reasonably attractive licensing jurisdiction for crypto and fintech firms…
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Bybit just got a meaningful regulatory win in Europe. Bybit Payments GmbH — the exchange's dedicated payments arm — has received an electronic money institution license from…
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The license isn't just a rubber stamp. It lets Bybit Payments GmbH build and roll out person-to-person payments, merchant payment solutions, open banking features, and card…
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The company only said its services will be available in jurisdictions that meet MiCA passporting requirements.
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Bybit was pretty deliberate about how it's structured this. Bybit Payments GmbH and Bybit EU GmbH are kept separate, each carrying its own regulatory permissions.
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It's a clean split on paper. And it's not accidental. Running two distinct entities means each one can stay focused on its own compliance obligations without the two sets of…
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European crypto firms have been wrestling with exactly this problem for the past few years. MiCA brought some order to the crypto side of things, but payment services sit under a…
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Related: Bybit Lands Austrian EMI License, Targeting Direct Bank Ties Across EEA
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The bigger play here is probably about reducing third-party dependency. Right now, like most crypto exchanges operating in Europe, Bybit relies on outside payment providers to…
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With Bybit Payments GmbH licensed directly, the company can start building tighter relationships with banks and payment networks on its own terms.
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Card products are also on the list. No details yet on what those look like or when they'd launch. Bybit didn't get into specifics on timeline or product design.
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The integration of all these services into Bybit.eu is the end goal — a single platform where European users can handle both crypto and payment needs without bouncing between…
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Related: FLock.io Wins WEF Recognition With NHS Federated Learning Across 400+ Patients
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