Bybit Expands into EU with MiCAR-Compliant Platform Launch

Bybit has taken a significant step in its global expansion strategy by launching Bybit.eu, a dedicated platform for the European Economic Area (EEA). This new offering is fully compliant with the Markets in Crypto-Assets Regulation (MiCAR), operating under a licensed Crypto-Asset Service Provider (CASP) framework. The platform is designed to cater to regional needs with features such as deep liquidity sourcing, advanced trading tools, and VIP account management. This move underscores Bybit's commitment to regulatory compliance and its ambition to strengthen its presence in the European cryptocurrency market. The launch aligns with the growing demand for regulated crypto services in the EU, positioning Bybit as a key player in the region's digital asset ecosystem.

Bybit Launches MiCAR-Compliant Platform in EU

Bybit has officially launched Bybit.eu, a dedicated platform for the European Economic Area (EEA), marking a significant step in its expansion strategy. The exchange's new offering is fully compliant with the Markets in Crypto-Assets Regulation (MiCAR), operating as a licensed Crypto-Asset Service Provider (CASP).

The platform features DEEP liquidity sourcing, advanced trading tools, and VIP account management tailored to regional needs. Localized user experience and 24/7 multilingual support are now available in English, Polish, Portuguese, and Spanish, with plans to add German, French, Italian, and Romanian.

Bybit will expand its physical presence with new offices in France, Germany, Spain, and Italy, complementing existing locations in Vienna and Amsterdam. Mazurka Zeng, Managing Director and CEO of Bybit EU GmbH, emphasized the exchange's ambition to drive crypto adoption across Europe.

Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust–Report

Crypto theft has reached unprecedented levels in the first half of 2025, with over $2.1 billion stolen across 75 hacks and exploits. This figure surpasses the previous first-half record set in 2022 by 10% and nearly matches the total losses for all of 2024. The scale of these breaches underscores a systemic vulnerability in the digital asset ecosystem.

The Dubai-based exchange Bybit suffered the most significant single breach, losing $1.5 billion in February alone—accounting for nearly 70% of all stolen funds this year. Even excluding this outlier, attacks exceeding $100 million continue to plague the industry, with major incidents occurring in January, April, May, and June.

State-sponsored actors are driving the surge, with North Korea-linked groups responsible for $1.6 billion of the stolen funds. These thefts allegedly fund the country's weapons programs and sanctions evasion. Meanwhile, Iran's largest exchange Nobitex was hit by a $90 million hack in June, attributed to the Predatory Sparrow group.