Bybit CEO Claims MiCA License Alone Insufficient for Profitability in Europe
Obtaining a Markets in Crypto Assets license is a crucial step for operating in Europe, but Bybit's CEO, Ben Zhou, emphasizes that it is not enough to guarantee profitability. According to Zhou, the MiCA license has limitations, as it does not cover a wide range of products such as derivatives and tokenized assets, which are essential for generating revenue. To address this, companies need to acq…
