Crypto: Bybit Leaves France Under Regulatory Pressure
Crypto: Bybit Leaves France Under Regulatory Pressure
In May, the Autorité des Marchés Financiers (AMF) issued a warning regarding Bybit, an unlicensed crypto exchange in France, calling it risky. This warning precipitated the imminent departure of the platform from the French market. Starting tomorrow, French user accounts will be limited to a “Close-Only” mode, prohibiting the opening of new positions.
![Individu ramenant une valises, pièces de bitcoin, tour Eiffet et drapeau de la France](https://www.cointribune.com/app/uploads/2024/08/BYBIT-RETRAIT-FRANCE-1024x683.png)
AMF and the risks of crypto …