🎉 France🇫🇷: Crypto Exchange Bybit Removed from the Blacklist of the Financial Markets Authority (AMF)

🎉 France🇫🇷: Crypto Exchange Bybit Removed from the Blacklist of the Financial Markets Authority (AMF)

It seems that the MiCA license, which would allow operations across the EU, is getting closer.

➡️ Previous situation: Since 2022, Bybit had been on the AMF blacklist as an unregistered crypto exchange offering digital asset services in France without authorization. On December 17, 2024, the company announced it would suspend fund withdrawals and custody services for French users starting January 8, 2025.

➡️ Current status: Bybit’s removal from the AMF blacklist marks a key step in its efforts to comply with European regulations and secure the MiCA license. However, the company still faces challenges in other markets: in December 2024, regulators ordered it to cease operations in Malaysia🇲🇾 and India🇮🇳.

➡️ Competitors on the move: In January 2025, other crypto exchanges like Bitpanda, OKX, and Crypto.com obtained the MiCA license, allowing them to operate across all 30 Eurozone countries.

#news #crypto #Europe

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