Bybit to Exit From France’s Market as EU’s Crypto Regulation Takes Hold

Quick Summary:

From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.

France, along with 26 other member states, will implement the remaining provisions for other cryptocurrencies and service providers starting December 30, 2024.

In addition to the Netherlands launch, Bybit is available to Chinese citizens abroad in countries that the company serves.

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Article Details

Author / Journalist: Sebastian Sinclair

Category: Crypto

Markets: EstoniaCanadaChinaCubaFranceHong KongNorth KoreaNetherlandsSingaporeUkraineUzbekistan

Topics: France Exchanges Exchange Markets Bybit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 04:15:55 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 21894737

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 16 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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