Bybit secures Austria EMI, plots European super-app
Crypto exchange Bybit has secured an Electronic Money Institution (EMI) license in Austria, confirming its plan to build a European "super-app" that combines crypto, bank accounts, regulated derivatives and tokenized stocks. CEO Ben Zhou said the company is set to secure a MiFID license next, expected within about two months.
- The Austria EMI license clears the way for the broader European product expansion.
- Bybit is adding bank account services, regulated derivatives and tokenized stocks alongside its existing crypto offerings in Europe.
Sources
- SCOOP: @Bybit_Official secures an EMI license in Austria, planning a European "super app" combining crypto, bank accounts, regulated derivatives and tokenized stocks, with a MiFID license coming in two months. @IanAllison123 reports. https://t.co/3lOnOLLCsfx.com ↗
- Crypto exchange giant Bybit to offer European ‘super-app’ with stocks, derivativescoindesk.com ↗
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