Bybit Fintech Limited
Compliance snapshot
- VARA VASP licence (Dubai); no EU CASP authorization yet
- Exited or suspended service in several European markets in 2024-2025
- USD 1.5bn hot-wallet theft in February 2025
Very large derivatives venue with limited EU authorization, a 2025 hot-wallet theft of exceptional size and several national market exits.
Licenses & registrations
- United Arab EmiratesAuthorizedVASP licence (exchange, restricted)Virtual Assets Regulatory AuthorityVARAVARA-2024-00912024-05-30Verify at source
- AustriaPendingMiCA CASP authorizationFinanzmarktaufsichtFMAAPP-AT-2025-00772025-07-21Verify at source
- AustriaAuthorizedMiCA CASP authorisation (Bybit EU GmbH)Austrian Financial Market AuthorityFMAFMA — Bybit EU GmbH2025-05-29Verify at source
- CyprusRegisteredCASP registration (legacy)Cyprus Securities and Exchange CommissionCySECCASP-2024-00182024-06-04Verify at source
- FranceNot licensedPSAN registrationAutorité des marchés financiersAMF——Verify at source
Reputation
Verified reputation data is unavailable
The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.
- Customer reviews
- Source needed. A direct review-platform source and collection date are needed.
- App Store & Google Play
- Source needed. Verified store listings and collection dates are needed.
- Press sentiment
- Source needed. A dated source set and calculation method are needed.
Recent press
- 2026-07-26Exchange details security overhaul after record theftNeutral
Reuters — Signing infrastructure was rebuilt and moved to multi-party computation.
- 2026-05-19Venue applies for EU authorizationPositive
Bloomberg — An application was filed with a central European regulator.
- 2026-03-08Regulator warns over unlicensed accessNegative
Financial Times — A national authority warned residents about accessing the platform.
- 2025-12-04Insurance fund replenishedNeutral
CoinDesk — The venue said client balances remained fully backed after the incident.
- 2025-05-29Venue granted Austrian MiCA authorisation and opens Vienna EU basePositive
CoinDesk — The Austrian regulator authorised the group's EU entity, which will passport across the EEA.
- 2025-02-22Record theft hits major crypto exchangeNegative
Reuters — Attackers drained an Ethereum cold-to-hot transfer worth about USD 1.5bn.
Incidents & enforcement
- 2025-02-21HackUSD 1,500,000,000
Compromised signing workflow allowed attackers to drain an Ethereum wallet; the company covered the shortfall.
- 2024-01-08Enforcement
Ordered to cease serving retail clients in a European market without registration.
- 2023-11-02Outage
Withdrawal delays of several hours during a network congestion event.
Victim of a scam involving this provider? Report it →
Help keep this profile accurate
Report an outdated licence, a missing incident or a wrong status. Every suggestion is checked against the official register before the profile is changed.
Profile last reviewed 27 Aug 2026 (2026-08-27)