Bybit, the second-largest cryptocurrency exchange globally, is committed to transparency and regulatory compliance. To comply with evolving regulations, Bybit has decided to temporarily adjust its product and service availability within the European Economic Area (EEA). Bybit is actively pursuing a Markets in Crypto-Assets Regulation (MiCAR) license in Austria, demonstrating its dedication to strict European regulatory standards, user protection, and a secure trading environment.
To comply with reverse solicitation regulations, Bybit has ceased all communication with the EEA region, ensuring no potential breaches occur. Existing customers can still access their crypto assets. Bybit is working towards obtaining a MiCAR license in Austria and plans to engage with EEA clients in accordance with applicable laws once the appropriate licensing is secured.
Bybit’s mission is to provide secure and reliable trading experiences underpinned by robust regulatory frameworks for all crypto communities. The company is focused on obtaining necessary licenses and ensuring a fully compliant platform for EEA clients. Bybit appreciates its users’ support during this regulatory journey and encourages them to contact Customer Support for assistance.
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