MiCA License Insufficient for Profitability in Europe, Says Bybit CEO
Obtaining a Markets in Crypto Assets (MiCA) license is a crucial step for operating in Europe, but it is not enough to guarantee profitability, according to Ben Zhou, CEO of Bybit, a leading cryptocurrency trading platform. In an interview, Zhou emphasized that MiCA only covers a limited range of products and that companies require additional licenses, such as MiFID II and Electronic Money Instit…