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 on its own to ensure profitability, as stated by Ben Zhou, CEO of Bybit, a leading cryptocurrency trading platform. The current MiCA framework has limitations, as it does not cover the full range of products necessary for profitability, such as derivatives and tokenized assets, which requir…
