Bybit phases out global platform for EEA users

The cryptocurrency exchange Bybit has begun phasing out access to certain services on its global platform for users in the European Economic Area (EEA), marking a significant operational shift as the European Union’s landmark Markets in Crypto-Assets (MiCA) regulation takes full effect. The company announced the changes on Monday, June 29, 2026, stating that EEA residents will face progressive restrictions as it migrates users to its separately regulated European entity.

The transition aligns with the conclusion of MiCA’s implementation period, which is set for July 1, 2026. Bybit stated that affected users will receive advance notice and clear instructions before any service limitations begin, allowing them time to manage existing positions and balances. The company emphasized that users will retain access to their assets held in custody throughout the process.

The changes apply to residents across most EEA countries, including major markets such as France, Germany, Italy, Spain, and the Netherlands. Malta is excluded because Bybit EU’s regulatory licenses have not yet been passported to that jurisdiction, and the regulated platform does not currently offer services there.