French Securities Regulator Issues Warning Against Bybit

Rachana Saha

Crypto News: French securities regulator warns against Bybit, advising French users to prepare for service cessation.

The crypto trading platform, Bybit operates illegally in France as it's not registered as a digital asset service provider.

AMF hints at potential legal action to block Bybit's website.

Hong Kong's regulator also flagged Bybit as unlicensed, echoing AMF's concerns.

Bybit previously withdrew from Canada and the UK due to regulatory pressures.

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