Tag: Bybit EU

MiCA is now the legal gate for CASPs across the EU — but the licensing rollout is uneven, political, and increasingly competitive. Czech National Bank confirmed on 11 February 2026 that it issued the first six CASP authorisations, after receiving 248 applications. Meanwhile, Austrian FMA has already authorised multiple “EU hub” entities since spring 2025, reinforcing the perception of an emerging licensing race inside the single market.

A BaFin special audit has found 16 deficiencies at Bitpanda’s German subsidiary, including serious weaknesses in risk management, IT and outsourcing. Yet Bitpanda’s home regulator, Austria’s FMA, is simultaneously building a MiCA “crypto hub” in Vienna – licensing Bitpanda and other high-risk players – with Austrian lawyer Oliver Stauber among the key architects.tick

Austria's Financial Market Authority (FMA) is aggressively positioning Vienna as a gateway to the European crypto market. With six MiCA-licensed crypto-asset service providers (CASPs)—including two exchanges with substantial regulatory baggage—the FMA has emerged as one of the EU's most prolific MiCA licensing authorities.

Bybit has flipped the switch on Bybit.eu, a Vienna-based, MiCAR-licensed platform that instantly passports regulated crypto services to 29 European Economic Area (EEA) states. Bybit announced the move in a press release on July 1, 2025. The move detonates fresh competitive pressure on home-grown Bitpanda, long the regulatory poster-child of Austria’s crypto scene.