Bybit Exits France Due to Regulatory Pressure
Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited “recent regulatory developments” in the country behind its decision.Close-Only to LiquidationThe official announcement detailed that the exchange will restrict the accounts of its French clients to a “Close-Only” mode from August 2…
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