Bybit Lights Up Vienna: A New Era for Crypto in Europe Begins
Bybit EU officially launched its European headquarters in Vienna last week with a landmark event at METAstadt, uniting over 250 guests from fintech, policy, academia, and blockchain sectors. The evening celebrated Austria's emergence as a crypto innovation hub under MiCAR and marked the beginning of Bybit's long-term commitment to Europe.
Mazurka Zeng, CEO of Bybit EU, took the stage to present her newly formed team in Vienna alongside Bybit's Board of Directors, highlighting the strength of local leadership and the company's vision for Europe: 'We chose Vienna because it offers clarity, stability, and a thriving ecosystem. This event is about building real, lasting connections with Europe's crypto community.'
The event featured keynote speeches by Ben Zhou, CEO and Co-founder of Bybit, who emphasized: 'Bybit EU is about setting a new standard — not just in Austria, but across Europe. We're here to build, together.'
Austria's State Secretary for Finance, Barbara Eibinger-Miedl, welcomed the expansion, noting: "The decision by Bybit to establish itself in Austria once again demonstrates that our country offers excellent conditions for international FinTechs – from clear regulatory frameworks and modern digital infrastructure to an innovation-friendly environment. Austria positioned itself early on as a pioneer in implementing the MiCAR regulation and is now one of the most attractive FinTech locations in Europe. As the State Secretary for Finance, it is my goal to further strengthen this competitive advantage."
Beyond the stage, guests enjoyed a vibrant program including a red carpet experience to capture hot moments of the evening, engagement activities designed to spark connection and creativity. Notable attendees included Georg Brameshuber (Validvent), Walter Mösenbacher (DAAA), Alfred Taudes (WU Wien), Ed Prinz (DLT), Bjorn Declerck (Tomorrowland), Christian Rau (Mastercard), Attila Dogudan (DO&CO), and Martin Hanzl (EY).
The Vienna launch was not just a celebration — it was a signal. Bybit EU is here to stay, grow, and co-create the future of crypto across the continent.
Image Text: Ben Zhou, CEO and Co-founder of Bybit, on stage at the official European launch event in Vienna
Image Credit: Lisa Leutner
More impressions of the event can be accessed via this link.
About Bybit EU
Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA'*' except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and other products, in full compliance with European regulations for investor protection and market integrity.
Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta):
providing custody and administration of crypto-assets on behalf of clients;
exchange of crypto-assets for funds;
exchange of crypto-assets for other crypto-assets;
placing of crypto-assets; and
providing transfer services for crypto-assets on behalf of clients.
Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
Contact
Tony
Bybit
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
an hour ago
- Bloomberg
ECB Said to Warn Credit Agricole of Possible Fine Over Climate
The European Central Bank has told France's second-largest lender that it's among firms that may be fined after failing to meet the supervisor's expectations for managing climate risks, according to people familiar with the matter. Credit Agricole is contesting the so-called periodic penalty payment and a final decision has yet to be made on whether the fine will stand, said the people who asked not to be identified disclosing confidential information.
Forbes
2 hours ago
- Forbes
How Automotive Tariffs May (Or May Not) Affect Classic Cars
Steven Posner, CEO of Putnam Leasing The Trump administration's tariffs on new automotive vehicles and parts are on the verge of having an impact. The Trump administration has threatened vehicle and parts tariffs since early this year. Trump has levied tariffs on imported vehicles as well as steel and aluminum. There have been delays but Aug. 1 is the next date where tariffs are to take full effect. Trump has delayed tariffs at various times this year. Tariffs are paid by companies that import goods. Those costs typically are passed on to customers. Tariffs are not payments from one country to another. At the same time, tariffs may have an effect on the collectible car market. 'Tariffs do not affect cars 25 year or older,' Steven Posner, CEO of Putnam Leasing, said in a recent interview. However, one-fourth of the way through the 21st century, some collector cars may be affected. They include brands such as Ferrari and Mercedes. 'There's a just a handful of collector cars that are hot in the U.S. market,' Posner added. 'I think it's the law of unintended consequences,' he said. 'It hurts the car broker or car dealer who's interested in something post 2000.' The global automotive industry is full of change. China has been leading the charge for electric vehicles. The U.S., under Trump, is hostile to EVs. Chinese automakers have also seriously revamped product development where new models can be developed much faster than what U.S. and European automakers can accomplish. Posner said high-end buyers of collector cars may go along with the tariffs. 'The individual that buys a Bugatti that costs $4 million and all of it suddenly it costs $5 will spend the extra $1 million.' Collectors of such cars 'are generally wealthy people,' he added. 'You always spend a little bit more.' Some purchasers of such collector cars have 'all their life wanted this particular car.' For now, the world of tariffs, EVs and may come together.
Associated Press
3 hours ago
- Associated Press
KONET Files Patent for Blockchain-Based Collateralized Stablecoin Operations and Management Technology
- Infrastructure designed for multi-blockchain environments including the KONET Mainnet - A strategic step toward entering the global Web3 payments market SINGAPORE, SG / ACCESS Newswire / July 21, 2025 / KONET, a global mainnet project, announced that it has filed a patent for an infrastructure technology that enables full-cycle management of collateralized stablecoins, covering issuance, distribution, settlement, burning, and value stabilization. The technology is designed as a universal framework applicable not only to the KONET Mainnet but also to Ethereum, independent blockchains, and both public and private blockchain environments. Multi-Chain Expansion Architecture Based on KONET The patent leverages KONET's EVM compatibility and cross-chain scalability. This enables high applicability across real-world sectors such as global financial institutions, payment networks, and online merchants. By enhancing its previously registered payment intermediation patent, KONET now offers a blueprint for expanding its infrastructure into global payment and remittance services. Real-Time Collateral Verification and Value Stabilization Mechanism The system issues stablecoins only when qualified individuals, enterprises, or institutions deposit fiat or crypto assets as collateral. The collateral ratio is automatically calculated and verified in real time, and the entire lifecycle from issuance to burning is transparently managed on-chain. When market prices deviate significantly from their pegged value, the system automatically adjusts liquidity to stabilize the stablecoin. A separate governance token structure enables additional token issuance or profit-based token burns in the event of collateral shortfalls. Compliance-Ready Design with Global Financial Network Integration The patent includes integrated features for AML/KYC verification, abnormal transaction detection, and automated restrictions, ensuring compliance with regulations in various jurisdictions. Notably, the infrastructure also incorporates SWIFT integration and cross-chain bridging capabilities, enabling direct connectivity between Ethereum and traditional financial networks. Strategic Significance of the KONET Mainnet KONET is a public EVM-compatible mainnet supporting a wide range of Web3 infrastructure use cases, including content investment, digital payments, and on-chain finance. - Over 8.4 million cumulative transactions - More than 1.29 million unique wallet addresses - Integrated with major global exchanges such as Bybit, and GOPAX - KONET LAB enables user-friendly Web3 token creation tools KONET serves not just as infrastructure but as the core main foundation for real-world Web3 applications. Strategic Technology Positioning in Light of Regulatory Developments On July 17, 2025, the U.S. Congress passed the Genius Act, the world's first legislation to officially integrate stablecoins into the traditional financial system. In response, KONET's newly filed patent has gained attention as a proactive solution that demonstrates both regulatory compliance and technical maturity. The KONET Mainnet-based collateralized stablecoin system is expected to serve as a strategic core asset for the future expansion of digital currencies backed by major global fiat currencies, as well as cross-border payment infrastructures. Visit KONET LAB: KONET Official Website: Buy KONET: Contact InformationWyatt Lee CMO +82 10 4694 6129 SOURCE: KONET press release
