july 1 happened. mica grace period ended(as I wrote before [here](https://www.reddit.com/r/CryptoMarkets/comments/1ujytkx/mica_meaning_for_80_of_projects_already_listed_on/)).
europe had 3,000+ registered crypto firms in 2024. roughly 230 hold a mica license today...
bybit is now two separate exchanges. bybit global started restricting EEA access this week. bybit EU keeps running but it's a different legal entity, different orderbook, different liquidity pool.
a token listed on bybit global doesn't carry over to bybit EU automatically. if your project never engaged with bybit EU directly - european traders can't reach your token through bybit anymore.
so now it's two completely separate markets.
wdyt bout it?