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Exchanges / Wider check / Bybit EU
WIDER CHECK · NO SCORE · 9 OCT 2026

Bybit EU: what the sources say

MiCA authorized Limited search: no Rigor score

Key facts

Regulation, reserves, fees

MiCAAuthorizedBybit EU GmbH · Austrian Financial Market Authority (FMA) · 2025-05-28
Italian residentsYesRegistry check pending
Proof of reservesPublishedHacken · 2026-05-27
Spot fees (base tier)0.25% / 0.25%maker / taker

Reserves note: Snapshot date from Bybit press release of 9 June 2026: reserve ratios USDT 106%, USDC 164%, BTC 108%, ETH 104%. Covers listed major assets only. Bybit's own PoR page could not be read (JS-rendered). Published for the Bybit platform; coverage of Bybit EU GmbH client assets not verified.

Track record

Incidents and regulator actions found

Security incidents

  • 2025-02-21 Global Bybit (not Bybit EU GmbH specifically): About $1.5B in ETH and stETH (over 400,000 ETH) moved from one of Bybit's offline wallets to an unidentified address; attributed by Elliptic and Arkham to Lazarus Group. Outcome: CEO stated client assets are 1:1 backed and the loss could be covered; Bybit said it would use bridge loans if needed. No user withdrawals loss verified independently. source

Regulator and court actions

  • 2024-10-22 De Nederlandsche Bank (DNB), Netherlands: Fine on Bybit Fintech Limited for offering crypto services in the Netherlands without Wwft registration until September 2023. (Action against global entity, not Bybit EU GmbH.) Outcome: EUR 2,250,000 fine, reduced because Bybit moved Dutch customers to a local partner; published 30 Oct 2024. Official or regulator database source
  • 2025-01-31 FIU-IND, India: Penalty under Prevention of Money Laundering Act for operating without registration. (Action against global entity, not Bybit EU GmbH.) Outcome: INR 9.27 crore (about USD 1.06M) fine; Bybit registered with FIU. PRESS OR OTHER SOURCE · official text not found source
  • 2022-05-20 (blacklist); notice 2024-05-16 AMF (France): AMF stated Bybit (global platform, not Bybit EU GmbH) is not registered as DASP in France and has been on its blacklist since 2022-05-20; warned French investors. Page marked no longer up to date. Outcome: Warning/blacklist; no fine in source. Bybit later reported as restricting French users (not verified here). Official or regulator database source
  • 2021-05-31 FSA (Japan): FSA warned Bybit (global entity) for operating in Japan without a licence. Reported by Forklog. Outcome: Warning only. Per Yahoo Finance (2025-12-23) further FSA warnings followed in 2023-03 and 2024-11 and Bybit announced withdrawal from Japan with restrictions from 2026. PRESS OR OTHER SOURCE · official text not found source
  • 2026-06-17 MAS (Singapore): MAS placed Bybit Fintech Limited on its Investor Alert List without stating a reason in the entry; Bybit stated it does not offer services to Singapore users and geo-blocks Singapore IPs. Action concerns the global entity. Outcome: Listing in place; Bybit said it is in contact with MAS. PRESS OR OTHER SOURCE · official text not found source
Limits

What we could not verify

This file was derived from the existing ex_bybit/fx_bybit research (sources accessed 2026-10-07) re-scoped to the EU entity, plus ESMA CSV re-check and AMF page on 2026-10-09. Not verified: OAM status, EU derivatives, EU maker/taker split, staking terms, withdrawal fees; hack and PoR relate to the global platform; Lazarus attribution is per Elliptic/Arkham via Security Affairs. Regulatory/incident items found concern the global Bybit entity, not Bybit EU GmbH; no action specifically against Bybit EU GmbH found. Hack outcome per blocmates (2025-02-24): CEO said ETH gap closed, withdrawals normal (https://www.blocmates.com/news-posts/crypto-exchange-bybit-fully-closes-ether-gap).

Facts are as of 9 Oct 2026. We ran a limited number of searches per exchange, so an empty list is not proof that nothing happened. We did not check the Italian OAM register. Items from press or third parties are reports, not findings by an authority. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.

Sources

  1. [1] ESMA interim MiCA CASP register (CSV) accessed 2026-10-09
  2. [2] AMBCrypto: Bybit phases out Global services for EEA users accessed 2026-10-07
  3. [3] Security Affairs: Bybit heist accessed 2026-10-07
  4. [4] DNB: fine for Bybit Fintech Limited accessed 2026-10-07
  5. [5] AAP/Bybit press release: Latest PoR accessed 2026-10-07
  6. [6] Cointelegraph: Bybit FIU India accessed 2026-10-07
  7. [7] Bybit EU Trading Fee Structure accessed 2026-10-07
  8. [8] Finanzadigitale: lista exchange OAM accessed 2026-10-07
  9. [9] Hacken: Bybit PoR case study accessed 2026-10-07
  10. [10] AMF France: Bybit EU GmbH CASP white list accessed 2026-10-09
  11. [11] AMF: Bybit blacklisted notice (2024-05-16) accessed 2026-10-09
  12. [12] Forklog: Japanese regulator issues warning to Bybit accessed 2026-10-09
  13. [13] FinTech News Singapore: Bybit on MAS investor alert list accessed 2026-10-09