Bybit CEO Claims MiCA License Alone Insufficient for Profitability in Europe
Obtaining a Markets in Crypto Assets (MiCA) license is a crucial step for operating in Europe, but it is not enough to guarantee profitability, as stated by Ben Zhou, CEO of Bybit, a leading cryptocurrency trading platform. In an interview, Zhou explained that the MiCA license has limitations, as it does not cover the full range of products required for a company to be profitable, such as derivat…