Crypto exchange Bybit has announced that it will restrict access to its global platform for users in the European Economic Area (EEA) by July 1, 2026.
This move comes as the MiCA transitional period ends on July 1, 2026. Before the restrictions take effect, users will receive instructions on managing open positions, transferring funds, and migrating to a European regulated platform, Bybit EU.
Bybit EU is a separate platform licensed in Austria under MiCAR, which offers custody and management of crypto assets, exchange services between crypto and fiat or other digital assets, and transfer services. A separate account is required to use the platform.
To attract new users, Bybit EU has launched a 'Move Your Funds, Get Rewarded' campaign running through July 31, 2026. New EEA users can receive three types of bonuses: a welcome package from €20, card bonuses up to €120, and 100% cashback on subscriptions in the first month.