Bybit.eu has expanded its European offering after Bybit Payments GmbH secured an Electronic Money Institution (EMI) licence from Austria’s Financial Market Authority (FMA).
The licence allows Bybit Payments GmbH to provide regulated e-money and payment services through the Bybit.eu platform.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Crypto-asset services on the platform will continue to be provided separately by Bybit EU GmbH.
The Austrian entity has been authorised under the Markets in Crypto-Assets Regulation (MiCAR) since May 2025.
The company said the two Austria-based entities operate under separate regulatory permissions and responsibilities to meet compliance requirements.
Bybit EU GmbH holds the MiCAR authorisation covering crypto-asset services. Bybit Payments GmbH holds the EMI licence for electronic money and payment services.
The two service lines will be brought together through the Bybit.eu platform for customers across Europe.
According to the announcement, the EMI licence gives Bybit Payments GmbH the regulatory basis for future payment capabilities.
These may include person-to-person payments, e-money services, open-banking functionality, merchant payment solutions and future card initiatives.
Georg Harer, the managing director at Bybit EU GmbH and Bybit Payments GmbH, said: “The EMI licence granted to Bybit Payments GmbH is an important milestone in our long-term commitment to Europe. Together with the MiCAR authorisation held by Bybit EU GmbH, it creates complementary regulatory foundations for connecting crypto-assets, payments and everyday financial services through the Bybit.eu platform.”
Bernhard Krick, the managing director at Bybit Payments GmbH, said: “This licence enables Bybit Payments GmbH to build regulated payment capabilities that complement the crypto-asset services offered by Bybit EU GmbH.
“Maintaining a clear distinction between the two regulated entities is fundamental. Each entity will provide services within its own permissions, while customers will be able to access those services through the Bybit.eu platform.”
