AdvertisementGeorg Harer, managing director at both entities, called the EMI license “a vital milestone for Bybit’s long-term plans in Europe.” Direct Bank Partnerships, Fewer MiddlemenHere’s where the EMI license gets commercially interesting. The FMA runs a structured process, and an Austrian EMI license carries EEA passporting rights, which is the real prize. The company framed the EMI license as the foundation for those products, not the launch of them. Frequently Asked Questions What is the EMI license Bybit received in Austria?