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HSCLifeRules# - Mykolas Majauskas (
@MMajauskas), Global Head of Policy at
@Bybit_Official, HSC Asset Management Singapore, October 8
MiCA is great, but it's yesterday's news. It was devised some five years ago, agreed politically around three years ago and enacted a year and a half ago. Now everybody has it, and it's still not enough to make money
You need an EMI license, a MiFID license, prediction products, perpetuals on equities, forex and commodities. Just holding a MiCA license is not enough. Today it's outdated - there's a consultation process going on, and it needs changing
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HSCSingapore#