AI & Enterprise
Bybit EU payments unit secures Austria e-money licence
Bybit\'s European payments subsidiary has secured an electronic money institution licence in Austria, giving it a regulatory basis to add payments and e-money services to its European platform. Bybit said Austria\'s Financial Market Authority granted the licence to Bybit Payments GmbH. The company said this provides a legal basis to offer person-to-person transfers, merchant payment solutions, open banking functions and card products via Bybit.eu for European Economic Area users excluding Malta.
