MiCA License Alone Insufficient for Profitability in Europe, Says Bybit CEO
Acquiring a Markets in Crypto Assets (MiCA) license is a crucial step for operating in Europe, but it is not enough on its own to ensure profitability, according to Ben Zhou, CEO of Bybit, a leading cryptocurrency trading platform. In an interview, Zhou emphasized that MiCA does not cover the full spectrum of products necessary for profitability, such as derivatives and tokenized assets, which re…
