Bybit applies for an investment firm license in Austria

Bybit EU Group, the European arm of Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has formally applied for an investment firm license under Austria’s implementation of the Markets in Financial Instruments Directive (MiFID II), according to the reports disclosed to Finbold on Friday, September 5. If the application is approved, the company’s local entity, Bybit X GmbH, will be able to offer regulated derivatives products such futures and options across the European Economic Area (EEA).  The application largely coincides with the official launch of Bybit’s crypto payment card in the same region, which now allows users to spend digital assets such as Bitcoin (BTC) and USD Coin (USDC) through Apple Pay, Google Pay, or a physical card. The Crypto Card you were waiting for is finally live!Enjoy 20% cashback!Request your Bybit Card today on Bybit EU!https://t source: https://finbold.com/bybit-applies-for-an-investment-firm-license-in-austria/