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Bybit Secures MiCA License in Austria—Another Nail in Traditional Finance’s Coffin?
Bybit Secures MiCA License in Austria—Another Nail in Traditional Finance’s Coffin?
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Bybit just outmaneuvered legacy finance—again. The crypto exchange scored a MiCA license in Austria, clearing another regulatory hurdle while banks still struggle with KYC paperwork.
Why it matters: MiCA compliance isn’t just red tape—it’s a golden ticket for operating across the EU. Bybit’s playing chess while traditional brokers are stuck playing checkers.
The punchline? Another ’unregulated’ crypto firm just achieved what most fintech startups spend years begging regulators for—all while maintaining 24/7 trading. Maybe decentralization was the real ’financial innovation’ all along.
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