Bybit To Exit From France’s Market As EU’s Crypto Regulation Takes Hold

Quick Summary:

Bybit said Thursday it will exit from France market, citing "regulatory developments” as Europe’s long-awaited crypto legislation reshapes how companies and individuals should treat the asset class.

MiCA, which sets guidelines for crypto providers and stablecoin issuers, was later ratified by the European Parliament in April 2023 before coming into force two months later.

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

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaCanadaChinaCubaFranceHong KongNorth KoreaNetherlandsSingaporeUkraineUzbekistan

Topics: Market EU News Bybit Exit Latest News Crypto Regulation. Hold

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 20:56:35 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 21900926

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions