MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in EuropeIn an interview, Ben Zhou said the crypto exchange is at least two years away from breaking even in Europe.By Ian Allison|Edited by Sheldon Reback Apr 26, 2026, 1:00 p.m. Make preferred on Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)What to know: A MiCA license is not enough to be profitable in Europe. MiFID and EMI authorizations are also required to offer derivatives products.The European crypto industry is likely to face a stark consolidation when the MiCA grandfathering period ends in two months time.Zhou said Bybit is neutral when it comes to pushing for more stringent and centralized oversight of MiCA-regulated firms.Snagging a Markets in Crypto Ass

Source: https://www.coindesk.com/policy/2026/04/26/mica-s-not-enough-bybit-ceo-says-firms-need-other-licenses-to-turn-a-profit-in-europe