Bybit CEO Claims MiCA License Alone Insufficient for Profitability in Europe
Acquiring a Markets in Crypto Assets license is a crucial step for operating in Europe, but Bybit's CEO, Ben Zhou, believes it is not enough to guarantee profitability. According to Zhou, the MiCA license has limitations, as it does not cover the full range of products required to be profitable, such as derivatives and tokenized assets. To offer these products, companies need to obtain a MiFID II…
