Bybit is pulling the plug on crypto trading services for European Economic Area residents on its global platform. The move forces users across the EEA to migrate to a dedicated, regulated European entity or face escalating account restrictions.
The EU’s Markets in Crypto-Assets Regulation, better known as MiCA, wraps up its transition period on July 1, 2026. Every crypto platform serving European customers needs to be fully compliant by that date.
What’s actually happening
Bybit isn’t abandoning Europe. It’s splitting its operations into two distinct lanes. EEA residents currently using bybit.com, the global platform, need to move their accounts over to bybit.eu, the exchange’s EU-specific platform.
Bybit EU operates under a MiCAR license awarded by Austria’s Financial Market Authority, the FMA, in 2025. That license covers services across most EEA countries, with one notable exception: Malta.
