According to Foresight News , the crypto exchage Bybit announced that Bybit EU Group has recently submitted an application to the Austrian Financial Market Authority (FMA) seeking an investment firm license for its subsidiary, Bybit X GmbH, under the MiFID II Austrian Implementing Act. If approved, Bybit X will be able to offer regulated derivatives products, including futures and options, throughout the European Economic Area (EEA). This will expand the bybit.eu platform's business scope beyond the crypto spot services covered by its MiCAR authorization, which was granted in May 2025, to include derivatives markets.
Bybit EU Group, headquartered in Vienna, officially launched its MiCAR-compliant platform, bybit.eu, in July 2025. Since its launch, Bybit EU has introduced spot margin trading with up to 10x leverage, partnered with Circle to promote USDC adoption in Europe, released the new Bybit Lite app and Bybit Card program, and continues to expand the number of trading pairs to enhance the user experience.
