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Bybit Pulls Crypto Trading From EEA, Citing MiCA Pressure
Bybit will stop crypto trading for EEA users under MiCA pressure. The exchange hasn't detailed wind-down terms or whether other services are affected. Users should seek MiCA-compliant alternatives.
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Bybit will stop providing crypto trading services to users in the European Economic Area. The exchange confirmed the change through its official announcements page, though it has not yet disclosed the full list of affected products or a wind-down timeline.
The EEA covers all 27 European Union member states plus Iceland, Liechtenstein, and Norway – roughly 30 countries. Users in those jurisdictions who hold accounts on the platform face restricted or removed access to trading.
The trigger is the European Union's Markets in Crypto-Assets Regulation, known as MiCA. The regulation imposes licensing and compliance requirements on any crypto asset service provider operating in the bloc. Bybit had previously moved toward compliance, setting up an EU entity and working toward a regulated presence. The current pullback reverses that trajectory.
This is not Bybit's first regional adjustment. The exchange resumed full access for Indian users last year after a period of restriction. The EEA exit, however, is a larger strategic retreat from a major regulatory regime.
The immediate question for affected users is whether existing positions, balances, and withdrawal access stay intact during any transition period. Exchanges that have exited other regions typically provide a window for users to close positions and move funds. The announcement does not specify the length of such a window.