Bybit and OKX have both launched MiCA-compliant crypto exchanges in the EU, marking a significant push into Europe’s newly unified regulatory landscape.
Crypto exchanges Bybit and OKX both launched fully regulated platforms in Europe this week as more regulatory clarity continues to attract major exchanges to the bloc.
According to a Wednesday announcement, crypto exchange Bybit.eu launched to serve European Economic Area (EEA) users with a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA) framework. Under the rules, Bybit’s Austria-based operations, established in late May, hold a license in 29 EEA countries.
Competing crypto exchange OKX also announced on Wednesday that it has launched its fully regulated centralized crypto exchange in France via MiCA passporting. OKX Europe CEO Erald Ghoos said France is a key market for the firm and their expansion there is “a major milestone in our European expansion.”
