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Bybit Secures Full MiCA License to Expand Across 27 EU Member States

Published

6 months ago

on

Bybit has obtained a comprehensive Markets in Crypto-Assets (MiCA) license from the European Securities and Markets Authority (ESMA), granting it full regulatory approval to operate across all 27 European Union member states.

This milestone approval allows Bybit to offer a complete range of regulated services including spot trading, custody, derivatives, and staking to European users under a single unified license.

Key Capabilities Under the License

  • Full-service centralized exchange operations
  • Institutional-grade custody solutions
  • Derivatives and futures trading
  • Staking and yield products
  • Compliant on-ramp and off-ramp services

The license positions Bybit as one of the first major global crypto platforms to achieve full pan-European compliance under the MiCA framework, which became fully effective in 2025.

Strategic Significance

MiCA represents the European Union’s landmark regulatory regime for crypto assets, designed to provide legal clarity, consumer protection, and market integrity. By securing this license, Bybit gains a significant competitive advantage, enabling it to serve the European market with confidence while meeting the highest standards for AML, consumer protection, and operational resilience.

The move is part of Bybit’s broader global expansion strategy, following strong growth in Asia and Latin America. Europe has become a key focus as institutional and retail adoption continues to mature under clear regulatory guidelines.

Outlook

With full MiCA authorization, Bybit plans to roll out localized services, enhanced fiat gateways, and region-specific products tailored to European users in the coming months. The exchange is also expected to pursue further partnerships with traditional financial institutions across the EU.

This regulatory milestone reinforces Bybit’s commitment to compliance and long-term growth in highly regulated markets, further solidifying its position among the world’s leading cryptocurrency platforms.

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DeFi

Inflation Shock Triggers Nearly $1 Billion in Liquidations as Bitcoin Tests $80,000

Published

8 hours ago

on

October 16, 2026

By

Hotter-than-expected U.S. inflation data rattled risk assets on October 15, 2026. September CPI rose 3.7% year-over-year, above the 3.6% forecast and up from 3.4% in August, while core CPI firmed to 2.6%. The following day’s Producer Price Index for final demand jumped 1.3% month-over-month—the largest monthly advance since March 2022—and 6.3% annually, well above expectations near 0.5% monthly and roughly 5.4% yearly. Energy costs drove much of the PPI spike.

Bitcoin briefly fell near or below $80,000 during Asian trading hours, with lows reported around $80,210–$80,500 in various snapshots, before buyers stepped in. It recovered to trade near $82,000–$82,400 later in the session. On the CoinMarketCap October 15 snapshot, BTC printed around $82,141 with a modest daily gain after the dip, and a market capitalization near $1.65 trillion. Ethereum underperformed, dipping below $2,400 before recovering toward $2,440. Broader altcoins and indices such as the CoinDesk 80 fell harder amid the risk-off move.

Nearly $1 billion in leveraged crypto positions were liquidated over 24 hours, with figures ranging from roughly $937 million to $977 million across reports. Long positions accounted for the vast majority (around 85–91%), and Ethereum led the wipeout with roughly $280–$290 million in liquidations, followed by Bitcoin near $200 million. More than 170,000 traders were affected. The cascade reflected crowded long positioning into the data releases and correlated selling in equities, including declines in the Nasdaq and S&P 500, while Asian markets such as South Korea’s Kospi saw sharp drops.

Analysts noted that the inflation prints revived “higher-for-longer” rate concerns and increased odds of a Federal Reserve hike at the late-October meeting. Bitcoin’s correlation with risk assets remained elevated, and the move pushed the cryptocurrency briefly below the approximate average cost basis of U.S. spot ETF holders near $81,500–$82,300. By the evening of October 15 and into October 16, majors stabilized or edged higher as yields eased and dip-buying emerged, with trading volume rising significantly.

The episode underscores crypto’s ongoing sensitivity to macro data even as institutional adoption advances. Support near the early-October lows held for Bitcoin, but further inflation or labor-market surprises remain key risks ahead of the Fed’s October 27–28 decision window.

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DeFi

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