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International Business Times
International Business Times
Business
Marvie Basilan

French Regulator Reiterates Crypto Giant ByBit Is Blacklisted, Signals Further Enforcement Action

ByBit is one of the world's largest crypto exchanges by trading volume. (Credit: ByBit Twitter/Screenshot)

KEY POINTS

  • France's AMF sad ByBit has been blacklisted since May 2022
  • The regulator noted that ByBit did not register as a DASP
  • ByBit was recently under scrutiny after Hong Kong's regulator released a similar notice

French securities regulator the Authorité des Marchés Financiers (AMF) on Thursday reminded French investors that cryptocurrency exchange ByBit is blacklisted in the country over its alleged non-compliance with local regulations.

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