Bybit EU adopts Nasdaq’s surveillance platform to strengthen MiCAR compliance
Bybit EU, the European arm of the world’s second-largest cryptocurrency exchange, has adopted Nasdaq’s Market Surveillance platform to bolster compliance with the EU’s Markets in Crypto-Assets Regulation (MiCAR), as per reports shared with Finbold on August 28. Bridging the gap with traditional finance standards The integration equips Bybit EU with institutional-grade monitoring tools to detect and prevent market abuse across its European operations. Nasdaq’s platform combines advanced pattern-recognition analytics with comprehensive market data, aligning crypto oversight with standards long established in traditional finance. “This agreement demonstrates our commitment to providing secure, transparent, and fully compliant digital asset trading as we continue to grow our business,” said Mazurka Zeng, Managing Director and CEO of Bybit EU. “We welcome the opportunity to partner with Nasdaq, whose innovative technology and unparalleled survei...