Bybit CEO Ben Zhou refutes reports of EEA service halt, confirms MiCAR compliance

Bybit will limit EEA access to its global platform under MiCA, while users keep custody access and Bybit EU seeks broader Austria licensing.

Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.

OKX is offering EEA users deposit bonuses of up to 8% and Coinbase has launched a parallel transfer bonus for subscribers in eight European markets, as both licensed exchanges compete to capture users displaced by Binance's July 1 MiCA wind-down.

Bybit's adjustments in the EEA highlight the growing impact of regulatory frameworks on crypto exchanges, emphasizing compliance's critical role. The post Bybit tightens EEA access ahead of MiCA deadline appeared first on Crypto Briefing.

Bybit's shift highlights the increasing regulatory complexity in Europe, potentially limiting market entry and consolidating major exchanges. The post Bybit ceases crypto trading services for European Economic Area users on global platform appeared first on Crypto Briefing.

MiCA crypto licensing data shows 244 approved companies across EU and EEA jurisdictions, led by Germany with France and the Netherlands also among top hubs ahead of July 1 cliff.

Bybit and OKX Proof of Reserves show user BTC holdings rose over 10% while USDT balances fell, pointing to a shift in exchange assets.

Kraken's xStocks platform is opening non-binding interest registration for the Bending Spoons IPO to eligible customers in the EEA and select global markets, the tokenized equities infrastructure's second pre-IPO offering after a troubled SpaceX debut.