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International Business Times
International Business Times
Business
Marvie Basilan

EXPLAINED: French regulator reiterates crypto giant bybit is blacklisted signals further enforcement action | Rare Historical Photos

Bybit Crypto SEC France AMF FTX Gensler Hong Kong SFC
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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