Institutional-grade expertise will improve the integrity of the world’s second-largest cryptocurrency alternate
Surveillance platform combines superior sample analytics with complete market knowledge to satisfy MiCAR obligations
DUBAI, UAE, Aug. 28, 2025 /PRNewswire/ — Bybit, the second-largest cryptocurrency alternate by buying and selling quantity on this planet, at this time introduced it has adopted Nasdaq’s Market Surveillance platform to strengthen the corporate’s capability to stop and detect market abuse throughout its European markets.
Working underneath the corporate’s Bybit EU entity, the expertise helps guarantee ongoing compliance with the EU’s Markets in Crypto-Belongings Regulation (MiCAR), which compels digital asset exchanges to implement rigorous surveillance and reporting necessities. The modular and versatile structure of Nasdaq’s surveillance platform will assist Bybit EU’s ongoing growth, enabling speedy compliance with native regulatory obligations.
“This settlement demonstrates our dedication to offering safe, clear, and absolutely compliant digital asset buying and selling as we proceed to develop our enterprise,” mentioned Mazurka Zeng, Managing Director and CEO of Bybit EU. “We welcome the chance to accomplice with Nasdaq, whose revolutionary expertise and unparalleled surveillance experience, assist safeguard the resilience and integrity of our market.”
“MiCAR is driving a step change in investor safety throughout digital asset markets, however many compliance packages are nonetheless failing to match the extent of investor safety provided by conventional markets,” added Ed Probst, Head of Regulatory Expertise at Nasdaq. “We welcome the chance to accomplice with Bybit EU, who acknowledge the advantages of incorporating complete market knowledge into its surveillance framework to guard towards crucial risk situations. We sit up for constructing on this relationship and stay dedicated to advancing belief and resilience throughout the digital asset ecosystem.”
Constructing belief in digital markets
Nasdaq Market Surveillance is essentially the most extensively used market surveillance expertise globally, serving over 50 exchanges and 20 worldwide regulators, serving to to keep up the integrity of marketplaces all over the world. The platform incorporates tailor-made options and alerts for crypto markets alongside refined algorithms developed over 30 years of expertise. It additionally advantages from Nasdaq’s ongoing funding in each R&D and the underlying expertise infrastructure to outline business finest follow and preserve compliance with evolving international rules.
The platform provides entry to complete order e book knowledge to assist real-time decision-making, which is rising as a crucial frontier to stop and detect market abuse in crypto markets. Whereas sure behavioral indicators can sign potential manipulation, prevention requires exchanges to mix pattern-recognition algorithms with complete market knowledge, overlaid with alerts tailor-made to particular mechanics of every market. It helps considerably cut back false positives and detect cross-market manipulation, timing-based violations, layering & spoofing, liquidity exploitation and foreign money & commodity manipulation. Extra performance contains:
- Actual-time, 24/7 monitoring of over 60 billion crypto transactions per day
- Built-in management framework with knowledge high quality reporting, audit, and case administration
- Potential to observe foreign money pairs buying and selling and fractional volumes buying and selling
- Availability of all historic market knowledge together with full-depth order e book visible replay and reconstruction
- SaaS-deployed to allow common product upgrades and enhancements
World wide, Nasdaq’s expertise is utilized by 97% of world systematically vital banks, half of the world’s prime 25 inventory exchanges, 35 central banks and regulatory authorities, and three,800+ shoppers throughout the monetary companies business. As a scaled platform accomplice, Nasdaq attracts on deep business expertise, expertise experience, and cloud managed service expertise to assist monetary companies firms remedy their hardest operational challenges whereas advancing industrywide modernization.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a number one international expertise firm serving company shoppers, funding managers, banks, brokers, and alternate operators as they navigate and work together with the worldwide capital markets and the broader monetary system. We aspire to ship world-leading platforms that enhance the liquidity, transparency, and integrity of the worldwide financial system. Our various providing of information, analytics, software program, alternate capabilities, and client-centric companies allows shoppers to optimize and execute their enterprise imaginative and prescient with confidence. To be taught extra concerning the firm, expertise options, and profession alternatives, go to us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
About Bybit EU
Bybit EU GmbH is the newly established European entity, devoted to serving shoppers throughout the European Financial Space (EEA”*” besides Malta) through the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Supplier (CASP) underneath the Markets in Crypto-Belongings Regulation (MiCAR), Bybit EU delivers absolutely regulated companies, together with crypto custody, alternate, and rewards merchandise and extra, in full compliance with European rules for investor safety and market integrity.
Bybit EU GmbH is a licensed Crypto-Asset-Service Supplier underneath the Markets in Crypto Belongings Regulation (MiCAR), licensed to supply the next companies to residents of the European Financial Space (besides Malta):
- offering custody and administration of crypto-assets on behalf of shoppers;
- alternate of crypto-assets for funds;
- alternate of crypto-assets for different crypto-assets;
- putting of crypto-assets; and
- offering switch companies for crypto-assets on behalf of shoppers.
Bybit EU GmbH is neither the operator of a buying and selling platform for crypto-assets nor offers funding recommendation. www.bybit.eu
Cautionary Word Relating to Ahead-Trying Statements:
Info set forth on this press launch accommodates forward-looking statements that contain various dangers and uncertainties. Nasdaq cautions readers that any forward-looking data will not be a assure of future efficiency and that precise outcomes may differ materially from these contained within the forward-looking data. Ahead-looking statements might be recognized by phrases equivalent to “will,” “allow” and “can” and different phrases and phrases of comparable which means. Such forward-looking statements embody, however usually are not restricted to, statements associated to the advantages of Nasdaq’s Market Surveillance expertise resolution. Ahead-looking statements contain various dangers, uncertainties or different components past Nasdaq’s management. These dangers and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Alternate Fee, together with its annual reviews on Type 10-Ok and quarterly reviews on Type 10-Q which can be found on Nasdaq’s investor relations web site at http://ir.nasdaq.com and the SEC’s web site at www.sec.gov. Nasdaq undertakes no obligation to publicly replace any forward-looking assertion, whether or not on account of new data, future occasions or in any other case.