The Autorité des Marchés Financiers (AMF), France's securities regulator, has reiterated its warning to crypto investors regarding Bybit's inclusion on the country's blacklist.
In a notice dated May 16, the AMF reminded the French public that Bybit is an unregistered cryptocurrency platform that operates illegally by offering digital asset services on behalf of third parties.
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The regulator has emphasized its authority to block Bybit's website for illegally providing services in France.
Bybit has been blacklisted by the AMF since May 2022 due to non-compliance with current French regulations. Previously, the AMF had blacklisted other crypto-related platforms.
However, the regulator has approved the registration of platforms such as Gemini, Coinbase and Circle.