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