French Regulator: Bybit Offered its Services Illegally
Main page News, Cryptocurrency Exchanges, France

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.

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