Crypto exchange Bybit is preparing a European “super-app” that will bring additional financial products, including stocks and derivatives, to its platform, according to CoinDesk. CEO Ben Zhou said the company already holds an electronic money institution license in Austria and is close to obtaining a Markets in Financial Instruments Directive (MiFID) license. The planned expansion would extend Bybit’s offering beyond cryptocurrency services in Europe. The available information does not specify the launch date, the exact products, or the countries where the super-app will initially be available. Bybit’s licensing progress provides the regulatory backdrop for its planned European rollout, while further details on the service are still pending.
