Bybit CEO: MiCA License Alone Insufficient for Profitability in Europe
Securing a Markets in Crypto Assets license is a crucial step for operating in Europe, but it is not enough to guarantee profitability, according to Bybit CEO Ben Zhou. The current MiCA framework has limitations, restricting the range of products that can be offered, such as derivatives and tokenized assets, which are essential for generating revenue. To overcome these limitations, companies requ…
