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The Financial Ways
The Financial Ways
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Bitget EU Seeks Austrian Regulatory Approval Under MiCAR

Bitget EU has formally submitted an application to Austria’s Financial Market Authority, seeking status as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets Regulation. The move marks a pivot in the exchange's regional strategy as it prepares for stricter compliance deadlines across the European Economic Area.

Bitget EU Seeks Austrian Regulatory Approval Under MiCAR

The filing, confirmed by the exchange on June 17, places the company’s European operations under the scrutiny of the Austrian regulator. While Bitget EU pursues this license, the company clarified that current users of Bitget Global will continue to operate under existing contractual and legal arrangements. CEO Gracy Chen confirmed the submission on social media, though the exchange emphasized that the application does not yet constitute regulatory endorsement or an active license.

This filing follows the company’s January appointment of Oliver Stauber, a former Bitpanda and KuCoin executive, to lead Bitget EU from a new base in Vienna. By centering its compliance and governance operations in Austria, the exchange aims to navigate the transition as the MiCAR framework moves into a mandatory phase. As transitional windows for crypto-asset service providers narrow, firms are increasingly forced to align their infrastructure with the EU rulebook to avoid service restrictions across member states.

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