Bybit's Ben Zhou says firms need more than MiCA to profit in Europe, exchange targets MiFID II license
Coindesk •
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Promote with Leviathan NewsBybit CEO Ben Zhou says a MiCA license alone won't make crypto firms profitable in Europe — the exchange itself is at least two years from breaking even on the continent. Zhou is pushing for a MiFID II license to offer regulated derivatives in the EU within six months. Bybit moved its European HQ to Vienna with 100+ planned hires, and has additional license bids active in UAE and India.
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