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MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The cryptocurrency market is losing momentum and liquidity due to the lack of a bullish catalyst, such as Artificial Intelligence (AI), which is reducing retail and institutional participation. In an exclusive interview with FXStreet, Georg Harer, co-CEO at Bybit EU, says that the Markets in Crypto-Assets (MiCA) regulations, with a hard compliance deadline of July 1, could inject liquidity into the crypto market from traditional fund houses. 

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“This is a crucial year because it’s a year where the old regulation deadlines run out, and if you wanna be offering crypto services, you need to have a MiCA license,” said Harer.

Harer also focused on how 24/7 trading of tokenized Real World Assets (RWA) on crypto platforms could improve…

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