World · Institutional · European Union ·
Bybit's Austrian payments unit gains e-money license for EU expansion
Bybit's Austrian payments subsidiary received regulatory approval to offer card services, merchant services, open-banking tools, and person-to-person payments across Europe.
Why it matters for the crypto market
A licensed e-money institution in Austria gives Bybit a regulatory gateway into EU payments and crypto services under recognized oversight, advancing the exchange's expansion beyond trading into payments infrastructure.
Source: Cointelegraph
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