Bybit to Exit France After Local Regulatory Warning

Crypto exchange Bybit will stop providing services to users based in France this month, the company said Thursday, following a warning issued against the company by the country’s financial regulator.

• “It has always been Bybit’s primary objective to operate our business in compliance with all relevant rules and regulations. In light of recent regulatory developments from the French regulator, Bybit will stop offering our products and services to French nationals and residents,” the company said in a notice on its website
• The Autorité des Marchés Financiers issued a reminder to retail investors in May that Bybit is not authorized to ...