MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe
In an interview, Ben Zhou said the crypto exchange is at least two years away from breaking even in Europe.
The news may lead to increased bearish sentiment in the crypto market as firms express challenges in profitability under current regulations. Prices may experience downward pressure as investors react to the uncertainty surrounding regulatory frameworks in Europe.
In an interview, Ben Zhou said the crypto exchange is at least two years away from breaking even in Europe.
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