{"id":13155,"date":"2025-02-14T16:16:50","date_gmt":"2025-02-14T16:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13155"},"modified":"2025-02-14T16:16:50","modified_gmt":"2025-02-14T16:16:50","slug":"crypto-exchange-bybit-is-no-longer-operating-illegally-in-france","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13155","title":{"rendered":"Crypto Exchange Bybit Is No Longer Operating Illegally in France"},"content":{"rendered":"<div>\n<p>Crypto exchange Bybit is no longer illegally operating in France in the eyes of the country&#8217;s financial regulator, its CEO said Friday.<\/p>\n<\/p>\n<p>The exchange was on France&#8217;s regulatory blacklist for more than<a href=\"https:\/\/www.amf-france.org\/en\/news-publications\/news-releases\/amf-news-releases\/amf-reminds-public-cryptoasset-trading-platform-bybit-blacklisted\" target=\"_blank\"> two years<\/a>, Ben Zhou, the CEO of Bybit, said <a href=\"https:\/\/x.com\/benbybit\/status\/1890345811852116125\" target=\"_blank\">in an X post on Friday<\/a>.<\/p>\n<\/p>\n<p>&#8220;After more than two years of working with the French regulator through multiple remediation efforts, BYBIT is now officially removed from France AMF blacklist,&#8221; he said.<\/p>\n<\/p>\n<p>A search of the Autorite des Marches Financiers (AMF) <a href=\"https:\/\/www.amf-france.org\/fr\/espace-epargnants\/proteger-son-epargne\/listes-noires-et-mises-en-garde?page=0&amp;key=bybit\" target=\"_blank\">database<\/a> confirms that Bybit, <a href=\"https:\/\/www.coingecko.com\/en\/exchanges\" target=\"_blank\">the second largest global exchange by volume<\/a>, is no longer on the blacklist.<\/p>\n<\/p>\n<p>Just last May the regulator was advising people that Bybit was not registered to operate in the country and encouraged investors to make arrangements so that the platform eventually &#8220;<a href=\"https:\/\/www.amf-france.org\/en\/news-publications\/news-releases\/amf-news-releases\/amf-reminds-public-cryptoasset-trading-platform-bybit-blacklisted\" target=\"_blank\">ceases<\/a>.&#8221; Soon after the notice, Bybit said it would stop <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/08\/02\/crypto-exchange-bybit-withdraws-from-france-in-response-to-regulations\" target=\"_blank\">offering products to French nationals<\/a>.<\/p>\n<\/p>\n<p>But now the exchange&#8217;s CEO is hopeful it will be able to get a Markets in Crypto Assets license (MiCA).<\/p>\n<\/p>\n<p>&#8220;MiCA license next,&#8221; Zhou said on X. Companies are striving to get the coveted MiCA license, which would let them operate across the 30 European Economic Area nations.<\/p>\n<\/p>\n<p>The Dubai-based exchange knows how to make a comeback after receiving warnings from regulators. Recently, Bybit managed to <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/02\/06\/crypto-exchange-bybit-receives-india-clearance-after-settling-usd1m-fine\" target=\"_blank\">secure a license<\/a> in India after paying a $1 million fine.<\/p>\n<\/p>\n<p>Neither Bybit nor the AMF returned requests for comment.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Bybit is no longer illegally operating in France in the eyes of the country&#8217;s financial regulator, its CEO said Friday. The exchange was on France&#8217;s regulatory blacklist for more than two years, Ben Zhou, the CEO of Bybit, said in an X post on Friday. &#8220;After more than two years of working with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13155","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13155"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13155\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}