Bybit.eu Expands European Offering as Bybit Payments GmbH Secures EMI Licence
Key Takeaways
- •Bybit Payments GmbH received an Electronic Money Institution licence from Austria's Financial Market Authority, authorising it to issue e-money and provide payment services across the European Economic Area.
- •The EMI licence is held separately from Bybit EU GmbH's MiCAR authorisation for crypto-asset services, reflecting the EU's segmented regulatory approach to payments and digital assets.
- •Both regulated entities will deliver their respective services through the Bybit.eu platform while maintaining distinct regulatory permissions and responsibilities.
- •The licence provides a regulatory foundation for potential future payment capabilities, including person-to-person transfers, open-banking functionality, merchant solutions, and card initiatives.
- •Bybit's dual-licence structure in Austria mirrors a broader trend among global crypto exchanges securing regulated status within the EU following the implementation of MiCAR.

VIENNA, Aug. 4, 2026 /PRNewswire/ — Bybit.eu said Tuesday that Bybit Payments GmbH has been granted an Electronic Money Institution (EMI) licence by Austria's Financial Market Authority (FMA), a move that will support regulated e-money and payment services on the Bybit.eu platform alongside its crypto-asset services.
The EMI licence, granted under the EU's Electronic Money Directive and PSD2 payment framework, authorises Bybit Payments GmbH to issue electronic money and provide regulated payment services across the European Economic Area. It represents a separate regulatory track from crypto-asset authorisation, reflecting the EU's segmented approach to digital-asset and payment regulation.
Bybit Payments GmbH will provide regulated e-money and payment services through Bybit.eu, while crypto-asset services on the same platform are offered separately by Bybit EU GmbH, an Austrian crypto-asset service provider authorised under the Markets in Crypto-Assets Regulation (MiCAR) since May 2025. MiCAR established the EU's first harmonised rulebook for crypto-asset service providers, replacing divergent national regimes and enabling a single passport to operate across the EEA.
The two Austrian entities operate under distinct regulatory permissions and responsibilities. Bybit EU GmbH holds the MiCAR authorisation for crypto-asset services, while Bybit Payments GmbH holds the EMI licence for electronic money and payment services. Bybit said the services will be brought together through the Bybit.eu platform to create a more integrated experience for customers in Europe.
"Europe is setting the global benchmark for how digital assets and financial services can evolve together under clear regulation," said Georg Harer, managing director at Bybit EU GmbH and Bybit Payments GmbH.
Harer added that the EMI licence is "an important milestone" in the company's long-term commitment to Europe. He said that, 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."
Bybit said the EMI licence provides Bybit Payments GmbH with the regulatory basis for future payment capabilities. These may include person-to-person payments, e-money services, Strong Customer Authentication, open-banking functionality, merchant payment solutions and future card initiatives, as those services are introduced in line with applicable requirements.
"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," said Bernhard Krick, managing director at Bybit Payments GmbH.
The EMI licence will also support Bybit Payments GmbH in developing strategic relationships with financial institutions, payment providers and enterprise partners, while reducing reliance on third-party payment infrastructure over time.
Bybit's dual-licence structure in Austria mirrors a broader trend among global crypto exchanges securing regulated status within the EU following MiCAR's implementation, as firms seek to offer both crypto-asset and traditional payment services under clearly delineated regulatory permissions.
Bybit said further information, including concrete product launch dates and details of the Europe-wide rollout, will be communicated in the near future.
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About Bybit EU
Bybit.eu is the European platform through which services are made available by separately regulated Bybit entities.
Bybit EU GmbH is an Austrian crypto-asset service provider authorised under MiCAR. It provides crypto-asset services to customers across the European Economic Area, except Malta, through the Bybit.eu platform.
Bybit EU GmbH is authorised to provide custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and transfer services for crypto-assets on behalf of clients.
Bybit EU GmbH does not operate a trading platform for crypto-assets and does not provide investment advice.
Bybit Payments GmbH is an Austrian electronic money institution authorised by the FMA. It will provide regulated e-money and payment services through the Bybit.eu platform as those services are introduced.
The services of Bybit EU GmbH and Bybit Payments GmbH are subject to their respective regulatory permissions, applicable terms and conditions, and availability in the relevant jurisdiction.
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Website: www.bybit.eu
Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions.