
The exchange said affected clients in the European Economic Area will be migrated to its EU entity licensed under MiCA, the bloc’s crypto regulatory framework.
Bybit said it has stopped providing crypto trading services to all users residing in the European Economic Area, marking a compliance-driven restructuring of its regional business. The exchange said it will direct affected customers to its European Union entity that has obtained a MiCA license, referring to the Markets in Crypto-Assets framework that governs crypto activity across the bloc. The move reflects the industry’s broader push to align operating structures with Europe’s new licensing regime.