Bybit, a leading cryptocurrency exchange, has officially opened its European headquarters in Vienna, Austria, in May 2025. This strategic move follows the company's successful acquisition of a Markets in Crypto-Assets Regulation (MiCAR) license from the Austrian Financial Market Authority (FMA). The MiCAR license enables Bybit to operate as a regulated crypto-asset service provider across the 29 member states of the European Economic Area (EEA), potentially reaching nearly 500 million Europeans.
The establishment of the Vienna headquarters underscores Bybit's commitment to complying with European regulatory standards. The company plans to invest significantly in Austria and create over 100 jobs in Vienna to provide localized services and support its expanding European operations. Ben Zhou, co-founder and CEO of Bybit, emphasized the company's dedication to regulatory compliance and collaboration with regulators worldwide.
Mazurka Zeng, CEO of Bybit Europe, highlighted Vienna as the new home of Bybit Europe. The company aims to contribute to Austria's financial environment by investing in talent and innovation. Bybit also intends to foster a strong local crypto community and collaborate with universities through the Blockchain for Good Alliance (BGA) to cultivate the next generation of blockchain innovators.