Bybit starts the week announcing that it will implement far-reaching operational changes for its users residing in the European Economic Area (EEA). This structural restructuring, officially confirmed by the company, responds to its ongoing regulatory compliance efforts ahead of the imminent entry into force of the European Union’s strict Markets in Crypto-Assets (MiCA) regulation.
The transition implies the gradual phasing out of certain key services within the Bybit Global platform for citizens of 29 eurozone countries. To mitigate market impact and protect funds under custody, the regulated division Bybit EU has simultaneously launched a financial incentive campaign from its licensed headquarters in Austria, facilitating the secure transfer of capital into its fully regulated and MiCA-compliant environment.
Bybit urged all affected users to remain attentive to formal notifications in their accounts, guaranteeing that access to assets will be protected while the migration schedule is executed.
Source: https://goo.su/3BGqYUfÂ
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