{"id":4395,"date":"2024-12-18T09:18:03","date_gmt":"2024-12-18T09:18:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4395"},"modified":"2024-12-18T09:18:03","modified_gmt":"2024-12-18T09:18:03","slug":"bybit-suspends-crypto-operations-in-france-amid-rising-regulatory-tensions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4395","title":{"rendered":"Bybit Suspends Crypto Operations In France Amid Rising Regulatory Tensions"},"content":{"rendered":"<div>\n<p>Popular cryptocurrency exchange <strong>Bybit<\/strong> announced Tuesday that it will discontinue its withdrawal and custody services\u00a0in France owing to increasing regulatory pressures.<\/p>\n<p><strong>What Happened<\/strong>: Bybit <a href=\"https:\/\/announcements.bybit.com\/en\/article\/urgent-action-required-withdraw-your-assets-blt1cc27bcc231c3b4f\/?category=latest_bybit_news\">asked <\/a>its French\u00a0users to withdraw their funds\u00a0before Jan. 8, 2025, at 8 a.m. UTC, to avoid\u00a0any potential issues\u00a0with account access or fund\u00a0transfers.<\/p>\n<p>The exchange said it would transfer unclaimed assets exceeding\u00a010 <strong>USD Coin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDC<\/a>)\u00a0to <strong>Coinhouse<\/strong>, a licensed cryptocurrency\u00a0custodian in France. For accounts with balances under\u00a010 USDC, Bybit will impose\u00a0a termination fee equivalent to\u00a010 USDC, deducting it from\u00a0available assets, before &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/12\/42547663\/bybit-suspends-crypto-operations-in-france-amid-rising-regulatory-tensions\" alt=\"Bybit\" suspends crypto operations in france amid rising regulatory tensions>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Popular cryptocurrency exchange Bybit announced Tuesday that it will discontinue its withdrawal and custody services\u00a0in France owing to increasing regulatory pressures. What Happened: Bybit asked its French\u00a0users to withdraw their funds\u00a0before Jan. 8, 2025, at 8 a.m. UTC, to avoid\u00a0any potential issues\u00a0with account access or fund\u00a0transfers. The exchange said it would transfer unclaimed assets exceeding\u00a010 [&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-4395","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\/4395","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=4395"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4395\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}