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Bybit EU: Building Trust in a Regulated European Crypto Future
In a major milestone for the global cryptocurrency market, Bybit EU has officially launched its operations in Vienna, Austria. The company’s decision to establish its European headquarters in this central location is aimed at fostering trust and transparency within the industry.
At a press conference held at its new office space in Vienna, senior executives from Bybit EU emphasized their commitment to building a secure, user-centric crypto ecosystem that aligns with the values and expectations of the European Union. The company’s platform offers fully regulated services, including crypto custody, exchange, and rewards products, all in compliance with European regulations for investor protection and market integrity.
Bybit EU has obtained a full MiCAR license from Austria’s Financial Market Authority (FMA), making it one of the first globally active cryptocurrency exchanges to secure such authorization. This significant achievement underscores the company’s dedication to regulatory clarity, accountability, and transparency.
Ben Zhou, Co-Founder and CEO of Bybit, expressed his vision for the company, stating that Bybit EU aims to become a leading crypto exchange in Europe. He emphasized the importance of building trust through regulation and compliance.
According to information available, it appears that the company has deliberately chosen Vienna as its strategic base for European operations due to Austria’s progressive stance on innovation in finance, alongside its evolving sandbox model for digital assets.
To facilitate growth, Bybit EU will be creating over 100 new job opportunities in Vienna. Furthermore, the organization plans to support research, education, and innovation within blockchain technology by engaging with local universities and academic institutions.
A significant development is also the introduction of an open-office concept at its headquarters in Vienna. This collaborative space aims to foster a vibrant hub for dialogue, knowledge sharing, and cross-industry innovation within a regulated environment.
Bybit EU has clearly demonstrated its commitment to establishing a robust presence in the European market.
Source: bitcoinik.com
