Bybit Removed from France’s Regulatory Blacklist After Two Years

1 min

Bybit is now compliant with French regulations, according to its CEO Ben Zhou. The exchange was previously on France's regulatory blacklist for over two years.

  • Bybit collaborated with the French regulator to resolve compliance issues.
  • The Autorité des Marchés Financiers (AMF) confirms Bybit's removal from its blacklist.
  • In May, the AMF advised investors to cease using Bybit due to its unregistered status.
  • Following this, Bybit withdrew services for French nationals.
  • Zhou expressed intentions to obtain a Markets in Crypto Assets (MiCA) license for broader operations in Europe.
  • Bybit recently secured a license in India after settling a $1 million fine.

Original publication

Authors credited by the source: Camomile Shumba

Published by Holder based on an external source.