Bybit intends to offer a 'super-app' in Europe with access to stocks and derivatives, reports CoinDesk. The company already holds an electronic money institution license in Austria.

According to the same report, Bybit is also close to obtaining a MiFID license. The source links this step to plans to expand its European offering beyond cryptocurrency services.

The significance of the news depends on regulatory status and launch conditions: a MiFID license could be a crucial part of operating with traditional financial instruments in Europe. The provided package contains no confirmation of completed licensing or product launch.