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<a href="https://bitcoinworld.co.in/bybit-at-crypto-talks-vilnius-vol-2-shares-insights-on-navigating-micars-complexities/" title="Bybit at CRYPTO TALKS. VILNIUS Vol. 2: Shares Insights on Navigating MiCAR’s Complexities" rel="noopener noreferrer nofollow"></a>
Dubai, United Arab Emirates, December 4th, 2024, Chainwire
<a href="https://www.bybit.com/en/press" rel="noopener noreferrer nofollow" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, reaffirmed its commitment to fostering a transparent and sustainable crypto ecosystem at <a href="https://noewe.eu/join-as-at-crypto-talks-vilnius-vol-2/" rel="noopener noreferrer nofollow" target="_blank">CRYPTO TALKS. VILNIUS Vol. 2.</a> Held on November 27, 2024, in partnership with the Crypto Economy Organisation (CEO), the event convened industry experts to explore the evolving regulatory landscape in Europe, with a particular focus on the Markets in Crypto-Assets Regulation (MiCAR / MiCA).
Navigating MiCAR’s Complexities
Bybit shared valuable insights into the challenges faced by crypto businesses as they navigate the complexities of MiCAR compliance. These include:
<ul>
 <li>Interpretational Discrepancies: Variations in understanding between international and local licensing requirements can lead to procedural hurdles and extended timelines.</li>
 <li>Complex Legal Frameworks: Coordinating with external legal advisors across multiple jurisdictions requires meticulous planning and alignment.</li>
 <li>Operational Readiness: Establishing a compliant operational infrastructure demands significant investments in resources and organizational adjustments.</li>
</ul>
Commitment to Compliance and Collaboration
Bybit’s participation at CRYPTO TALKS. VILNIUS Vol. 2 underscores its compliance-first approach and dedication to working collaboratively with regulatory authorities and industry stakeholders. The exchange sees MiCAR as a pivotal step toward a regulated and robust crypto market in Europe and aims to share its experiences to ease the transition for the broader industry.
<blockquote>
 “As MiCAR shapes the future of crypto regulation in Europe, collaboration and proactive preparation are essential,” said Robert Macdonald, Chief Legal &amp; Compliance Officer at Bybit. “Bybit is committed to maintaining the highest standards of compliance and supporting regulatory efforts to create a secure and thriving digital asset ecosystem. Sharing our experiences at events like CRYPTO TALKS is part of our broader mission to contribute to a more cohesive industry approach.”
</blockquote>
#Bybit / #TheCryptoArk&nbsp;
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="noopener noreferrer nofollow" target="_blank">Bybit Press</a>
For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="noopener noreferrer nofollow" target="_blank">media@bybit.com</a>
For more information, please visit: <a href="https://www.bybit.com/" rel="noopener noreferrer nofollow" target="_blank">https://www.bybit.com</a>
For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="noopener noreferrer nofollow" target="_blank">Bybit’s Communities and Social Media</a>
<h5>Contact</h5>
Head of PR Tony Au Bybit tony.au@bybit.com

Bybit at CRYPTO TALKS. VILNIUS Vol. 2: Shares Insights on Navigating MiCAR’s Complexities

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