Latest news with #MarketsinCrypto-AssetsRegulation
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Bybit EU: Building Trust in a Regulated European Crypto Future
VIENNA, Austria, July 10, 2025 /PRNewswire/ — Today's press conference marks the formal introduction of Bybit EU to Austrian and European media. With its EU headquarters now operational in Vienna and a full MiCAR license issued by Austria's Financial Market Authority (FMA), Bybit EU enters the European market with a clear mission: To deliver fast, secure, and intuitive crypto services built on a foundation of regulatory clarity, transparency, and local engagement. 'Six years ago, we started with zero users and a bold vision. Today, we serve over 72 million users worldwide, and our mission continues. With Bybit EU, we're combining innovation with regulation, building a secure and user-centric crypto ecosystem right here in the heart of Europe', says Ben Zhou, Co-Founder and CEO of Bybit. Bybit EU is now fully operational and regulated under the Markets in Crypto-Assets Regulation (MiCAR), making it one of the first globally active crypto exchanges to obtain full authorization to serve all 29 countries within the European Economic Area. The license was granted earlier this year by Austria's Financial Market Authority (FMA), widely regarded for its balanced and professional approach to digital finance regulation. With this license, Bybit EU becomes a regulated, passported entity equipped to operate across borders with legal certainty and uniform compliance. Vienna as a Strategic Base for European Growth The establishment of Bybit EU is more than a licensing milestone – it represents a structural commitment to building for the long term within Europe's financial and regulatory ecosystem. 'Vienna was deliberately chosen as the location for the company's European headquarters due to its central geographic position, strong legal and financial infrastructure, and access to a highly educated, multilingual workforce. Austria's progressive stance on innovation in finance, along with its evolving sandbox model for digital assets, has positioned it as an ideal launchpad for pan-European crypto services', says Mazurka Zeng, CEO & Managing Director of Bybit EU, highlighting the strategic decision to base operations in Austria. Bybit EU is also investing directly in the local economy. The company is currently expanding its operations with the goal of hiring over 100 professionals in Vienna. In parallel, it is actively building partnerships with Austrian universities and academic institutions in order to support research, education, and innovation in blockchain and financial technology. These initiatives reflect Bybit's commitment to being not just a global platform with European users, but a truly European company with local roots and local relevance. In line with its community-first philosophy, Bybit is also introducing an open-office concept in its Vienna headquarters — creating a space where builders, developers, entrepreneurs, and partners from across the crypto ecosystem are welcome to connect, exchange ideas, and collaborate. The office is intended not only as a workplace, but as a vibrant hub for dialogue, knowledge sharing, and cross-industry innovation in a regulated environment. A Regulated Ecosystem Bybit EU's platform is designed to offer more than trading. It aims to create a real-world crypto ecosystem that meets the evolving needs of users in the European Union, while the company's infrastructure reflects the highest standards of user protection, including ISO/IEC 27001 certification, multi-party computation (MPC) wallet technology, and a strict internal compliance framework aligned with MiCAR and Austrian regulatory requirements. Ultimately, Bybit views MiCAR as a catalyst for responsible growth. The company sees regulation as a competitive advantage in an industry that is increasingly defined by transparency and trust. Bybit EU's presence in Vienna is a signal of its long-term intent to contribute to a mature, well-governed crypto ecosystem—one that is fully integrated with European values, safeguards, and ambitions. 'MiCAR is more than a regulatory framework — it's a turning point for our industry. It brings clarity, accountability, and above all, trust. At Bybit EU, we see compliance not as a burden, but as a driver of long-term value. Our presence in Vienna reflects our commitment to building a transparent, resilient, and truly European crypto ecosystem that is grounded in legal certainty and aligned with the values and expectations of the European Union', says Georg Harer, Managing Director and Head of Legal & Compliance at Bybit EU. #Bybit / #BybitEU / #MiCAR About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA'*' except Malta) via the platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Media Contact: [email protected] Photo – Logo – View original content:
Malaysian Reserve
02-07-2025
- Business
- Malaysian Reserve
Bybit Launches Bybit.eu, a Fully MiCAR-Compliant Platform for Europe's Crypto Users
VIENNA, Austria, July 1, 2025 /CNW/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the official launch of the website, a dedicated platform designed exclusively for users in the European Economic Area (EEA). Operated by Bybit EU GmbH, a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), the launch marks a major milestone in Bybit's mission to provide secure, transparent, and fully compliant digital asset trading in Europe. From its headquarters in Vienna, Austria, Bybit EU GmbH has passported its MiCAR license to '29 EEA' countries, offering more than 450 million Europeans access to regulated crypto services — all under a single trusted platform. ' is our long-term commitment to Europe,' said Mazurka Zeng, Managing Director and CEO of Bybit EU GmbH. 'Europe deserves a world-class crypto gateway that balances technology with robust regulatory standards. That's exactly what Bybit EU delivers.' Tailored for European users is purpose-built to meet MiCAR's rigorous requirements for investor protection, operational transparency, and strong capital reserves. The platform offers: A brokerage platform with deep liquidity sourcing from multiple liquidity providers and advanced trading tools backed by Bybit's global scale Localized user experience and customer service in major European languages 24/7 multilingual support, with live assistance in English, Polish, Portuguese, and Spanish — and upcoming rollouts in German, French, Italian, and Romanian VIP account management for high-volume traders, tailored to regional needs With a user-centered approach, Bybit EU GmbH plans to expand its presence on the ground with new regional offices across France, Germany, Spain, and Italy, complementing its current hubs in Vienna (Bybit EU GmbH) and Amsterdam (Satos B.V.). Designed for compliance building confidence European users onboard through ensuring full alignment with MiCAR and the highest standards of regulatory adherence. Bybit EU GmbH operates with: Transparent operations and regular regulatory reporting Full compliance with EU anti-money laundering laws. Strict adherence to GDPR and data privacy regulations Empowering Europe's Crypto Future Bybit is also investing in local communities, talent, and innovation. The company aims to serve as a trusted partner for blockchain developers, institutions, and retail users, helping Europe shape the future of digital finance. 'Our goal is to become a catalyst for crypto adoption in Europe,' said Mazurka Zeng. #Bybit / #BybitEU / #MiCAR About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA'*' except Malta) via the platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Media Contact: [email protected]
Cision Canada
01-07-2025
- Business
- Cision Canada
Bybit Launches Bybit.eu, a Fully MiCAR-Compliant Platform for Europe's Crypto Users
VIENNA, Austria, July 1, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the official launch of the website, a dedicated platform designed exclusively for users in the European Economic Area (EEA). Operated by Bybit EU GmbH, a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), the launch marks a major milestone in Bybit's mission to provide secure, transparent, and fully compliant digital asset trading in Europe. From its headquarters in Vienna, Austria, Bybit EU GmbH has passported its MiCAR license to "29 EEA" countries, offering more than 450 million Europeans access to regulated crypto services — all under a single trusted platform. " is our long-term commitment to Europe," said Mazurka Zeng, Managing Director and CEO of Bybit EU GmbH. "Europe deserves a world-class crypto gateway that balances technology with robust regulatory standards. That's exactly what Bybit EU delivers." Tailored for European users is purpose-built to meet MiCAR's rigorous requirements for investor protection, operational transparency, and strong capital reserves. The platform offers: A brokerage platform with deep liquidity sourcing from multiple liquidity providers and advanced trading tools backed by Bybit's global scale Localized user experience and customer service in major European languages 24/7 multilingual support, with live assistance in English, Polish, Portuguese, and Spanish — and upcoming rollouts in German, French, Italian, and Romanian VIP account management for high-volume traders, tailored to regional needs With a user-centered approach, Bybit EU GmbH plans to expand its presence on the ground with new regional offices across France, Germany, Spain, and Italy, complementing its current hubs in Vienna (Bybit EU GmbH) and Amsterdam (Satos B.V.). Designed for compliance building confidence European users onboard through ensuring full alignment with MiCAR and the highest standards of regulatory adherence. Bybit EU GmbH operates with: Transparent operations and regular regulatory reporting Full compliance with EU anti-money laundering laws. Strict adherence to GDPR and data privacy regulations Empowering Europe's Crypto Future Bybit is also investing in local communities, talent, and innovation. The company aims to serve as a trusted partner for blockchain developers, institutions, and retail users, helping Europe shape the future of digital finance. "Our goal is to become a catalyst for crypto adoption in Europe," said Mazurka Zeng. #Bybit / #BybitEU / #MiCAR About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA"*" except Malta) via the platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
Business Wire
25-06-2025
- Business
- Business Wire
Kraken Secures MiCA License from Central Bank of Ireland, Cementing Leadership in European Crypto Markets
DUBLIN--(BUSINESS WIRE)--Kraken, a technology platform built on crypto, today announced it has been granted a license under the European Union's Markets in Crypto-Assets Regulation (MiCA) by the Central Bank of Ireland. The license marks a pivotal milestone in Kraken's European expansion, unlocking the ability to scale faster across the region by offering regulated services and engaging directly with clients across all of the European Economic Area. Kraken has spent the past several years building a regulatory and operational foundation designed to scale globally — enabling the company to quickly capitalize on growth opportunities as new regulatory frameworks take shape around the world. MiCA builds on this foundation, enabling unified passporting and pan-European service delivery — significantly expanding Kraken's market reach. "Securing a license from the Central Bank of Ireland, with its long heritage and experience as a rigorous financial regulator, isn't just about compliance. It's a powerful signal of Kraken's commitment to expanding the crypto ecosystem through responsible innovation,' said Arjun Sethi, co-CEO of Kraken. 'Being the first major global crypto platform to receive authorization from the CBI affirms Kraken's commitment to building for the long term. We believe trust is the most valuable currency in crypto, and it's something you earn. Over the past several years, our team has worked tirelessly to meet the CBI's gold standard regulatory expectations. This license reflects that effort and places us in a strong position to expand our product offering, grow our institutional and retail client base, and deliver secure, accessible, and fully regulated crypto services to millions more people across the EU. 'We're deeply grateful to the Central Bank of Ireland for its professionalism, and to the Irish Government and IDA for their consistent support. This collaboration is a blueprint for how public and private sectors can work together to build a more secure, innovative financial future for Europe, and we're proud to be leading the way." Expanding on a Strong Foundation Kraken already holds Virtual Asset Service Provider (VASP) registrations in key European markets including Ireland, Belgium, France, Italy, the Netherlands, Poland and Spain. The company has long been a leading force in euro-denominated crypto trading, having introduced the first BTC/EUR trading pair in 2013. Today, Kraken's platform is the most liquid and trusted for euro trading, reflecting its deep roots in the region. The euro now accounts for 17.5% of global fiat spot crypto trading volume, more than doubling compared to a year earlier — a clear indicator of the growing prominence of European markets. With the MiCA license now in place — alongside MiFID and EMI licenses already secured by the group — Kraken is able to extend its regulated offering to millions of clients across the EU. Together, these licenses support significant growth opportunities across retail, professional, and institutional client segments, including in spot trading, derivatives and payments. For clients, MiCA provides added assurance that Kraken's services adhere to a consistent, EU-wide set of regulatory standards — including stronger consumer protections, increased transparency, and robust oversight — formalizing the high standards Kraken has long upheld and reinforcing long-term trust in the market. Built for Scale and Compliance In recent years, Kraken has laid the groundwork to lead under MiCA by expanding its operational, product, and regulatory footprint across Europe: Expanded geographic reach through the acquisition of Dutch crypto broker BCM (2024), enabling direct access to key EU markets. Launched MiFID II-regulated derivatives, offering compliant futures trading for sophisticated European clients. Broadened asset capabilities via the acquisition of NinjaTrader (2025), paving the way to integrate traditional finance derivatives. Partnered with Mastercard, paving the way for Kraken clients across the UK and Europe to soon spend their crypto assets at over 150 million merchants worldwide. Deployed Kraken Embed, a turnkey Crypto-as-a-Service solution, now live with Dutch neobank bunq. Kraken will continue to invest in localized experiences, partnerships, and talent across Europe to meet the diverse needs of local markets. With the MiCA regime now in effect, Kraken is entering its next phase of European expansion — delivering trusted, innovative, and compliant crypto services to users across the continent. About Kraken Kraken is a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom — for the crypto economy and beyond. Millions of individuals, professional traders, and institutions around the world use Kraken to trade digital and traditional assets, including cryptocurrencies, national currencies, U.S. futures, and U.S.-listed stocks and ETFs. Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. Futures platforms by NinjaTrader, a Kraken company, are available on desktop, web, and mobile via
Yahoo
12-06-2025
- Business
- Yahoo
Crypto Regulation Around the World: What Every Crypto Enthusiast Needs to Know
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you've been in the crypto space for a while, you've probably noticed something big happening: governments everywhere are finally getting serious about regulating digital assets. Gone are the days when crypto felt like the Wild West. Today, from Washington to Brussels to Tokyo, lawmakers are crafting rules that will shape how we buy, sell, and use cryptocurrencies. This shift isn't happening in a vacuum. The collapse of major players like FTX and several crypto-linked bank failures sent shockwaves through traditional finance, pushing regulators to act faster than many expected. While this might feel overwhelming, understanding these changes can actually help you make better decisions as a crypto investor or enthusiast. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . Let's take a friendly tour around the world to see what's happening with crypto regulation and what it means for you. The U.S. has been talking a big game about crypto regulation, and in 2023, it looked like we might finally get some clarity. Two important bills made headlines: the Financial Innovation and Technology for the 21st Century Act and the Blockchain Regulatory Certainty Act. These bills promised to answer some burning questions that have puzzled crypto users for years: When is a cryptocurrency considered a security versus a commodity? Which government agency is in charge of what? Unfortunately, while these bills were introduced with great fanfare, they've since stalled in Congress. What this means for you: If you're a US-based crypto user, you're still navigating a somewhat uncertain regulatory landscape. The good news? This gives the industry more time to mature and for regulators to better understand the technology before implementing potentially restrictive rules. The European Union deserves credit for being first out of the gate with comprehensive crypto regulation. In May 2023, the EU implemented the Markets in Crypto-Assets Regulation. Here's what MiCA means in practical terms: Licensing requirements: Any company issuing or trading crypto needs an official license Enhanced tracking: Starting in January, all service providers must collect sender and recipient information for every transaction, regardless of amount Wallet verification: If your self-hosted wallet holds more than €1,000 ($1,100), you'll need to verify ownership for transactions Swedish Finance Minister Elisabeth Svantesson, explained that FTX's collapse highlighted 'the urgent need for imposing rules which will better protect Europeans who have invested in these assets.' What this means for you: If you're trading crypto in Europe, expect more paperwork and verification steps, but also potentially greater consumer protection. The days of completely anonymous transactions are numbered in the EU. Asia presents a fascinating patchwork of crypto regulations, reflecting the diverse attitudes across the region. Japan has been remarkably progressive, recognizing cryptocurrency as both a type of money and legal property. The Financial Services Agency oversees both crypto and yen transactions, giving citizens freedom to own and invest in digital assets. Recently, Japan has tightened rules around information sharing between exchanges to combat money laundering. South Korea enacted the Virtual Asset Users Protection Act in 2023, focusing heavily on protecting everyday users through better record-keeping and transparency requirements. Financial authorities are expected to publish new guidelines for listing virtual assets soon. China remains one of the most restrictive countries, maintaining bans on exchanges, trading, and crypto mining. If you're in China, crypto activities remain largely off-limits. India's journey has been particularly interesting. After banning crypto, the Supreme Court lifted the ban in 2020. Now, a Cryptocurrency and Regulation of Official Digital Currency Bill is working its way through parliament, though it has faced delays. What this means for you: Your experience with crypto will vary dramatically depending on which Asian country you're in. Japan and South Korea offer relatively friendly environments, while China remains restrictive. Trending: New to crypto? on Coinbase. Brazil implemented crypto regulation in June 2023, making the central bank the supervisor for crypto assets through the Cryptoassets Act. This move came as Brazil saw cryptocurrency imports rise nearly 45% in the first eight months of 2023, totaling $7.4 billion. Interestingly, Roberto Campos Neto, who was the governor of Brazil's central bank at the time, noted that local demand had shifted toward stablecoins, with people using crypto more for payments rather than solely for investment. What this means for you: Brazil's approach shows how countries are adapting to actual usage patterns. As crypto becomes more of a payment method rather than just a speculative investment, regulations are evolving accordingly. The UK is actively constructing crypto rules with a balanced approach. Any company offering digital currency services must be authorized by the Financial Conduct Authority, regardless of where they're located if they serve UK customers. The Bank of England and FCA have also proposed specific regulations for stablecoins, aiming to 'harness the potential benefits stablecoins could provide to UK consumers and retailers, in particular by making payments faster and cheaper' while maintaining consumer protection. What this means for you: The UK appears to be striking a balance between innovation and protection, potentially creating a model that other countries might follow. Perhaps most importantly, international organizations are recognizing that crypto's borderless nature requires coordinated global approaches. The International Organization of Securities Commissions has issued 18 recommendations for global crypto rules, emphasizing the need for consistency across borders. The World Economic Forum has gone even further, stating that international alignment on crypto rules is 'not just desirable but necessary.' As someone interested in crypto, here are the key takeaways: Expect more structure: The days of completely unregulated crypto markets are ending. This isn't necessarily bad – clearer rules can mean greater mainstream adoption and institutional investment. Prepare for more paperwork: Whether it's KYC requirements, transaction reporting, or wallet verification, expect to provide more information about your crypto activities. Geographic differences matter: Where you live will significantly impact your crypto experience. Consider this when making investment decisions or choosing platforms. Compliance is becoming crucial: Choose exchanges and services that prioritize regulatory compliance. They're more likely to survive and thrive in this new environment. Innovation continues: Despite increased regulation, innovation in the crypto space continues. Regulations often lag behind technology, leaving room for new developments. The regulatory landscape might seem daunting, but remember that clearer rules often lead to greater mainstream adoption, institutional investment, and ultimately, a more mature and stable crypto ecosystem. While we're still in the early stages of this regulatory evolution, staying informed about these changes will help you navigate the crypto world more confidently. The key is to stay adaptable and informed. Regulations will continue evolving as governments learn more about this technology and its applications. By understanding these trends, you're better positioned to make smart decisions in your crypto journey. Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article Crypto Regulation Around the World: What Every Crypto Enthusiast Needs to Know originally appeared on
