CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CoinGape 2024-12-17 11:46:49

Breaking: Bybit Ends Crypto Withdrawals and Custody Services in France

In a major announcement on Tuesday, crypto exchange Bybit announced to stop its digital asset withdrawal and custodial services in France, citing regulatory roadblocks. The crypto exchange announced that these services won’t be available anytime after January 8, 2025, however, noting that it remains committed to adhering to the recent regulatory developments. Bybit Users In France Need to Withdraw Before January 8 Crypto exchange Bybit has asked all of its users in France to withdraw their funds as it plans to close down service in the country. Thus, the exchange has set a January 8 deadline which is less than a month from now. The recent decision comes after the crypto exchange halted buying and selling digital asset services earlier in August 2024. Bybit has urged French nationals and residents to withdraw their assets before the deadline. After January 8, accounts holding 10 USDC or less will incur a 10 USDC fee and be closed. For users with assets exceeding 10 USDC, the remaining funds will be transferred to Coinhouse , a regulated French crypto-asset platform, which will facilitate subsequent withdrawals. Bybit has a strong presence in Europe and is among the top crypto exchanges in Germany and the Netherlands. It is also the second-largest crypto trading platform worldwide by trading volumes, after Binance, with a presence in nearly 120 countries. Apart from France, the exchange has been facing regulatory challenges across other regions as well. Two weeks ago, Japan’s top financial regulator – Financial Services Agency (FSA) – accused Bybit and other crypto exchanges of violating the country’s crypto regulations. The post Breaking: Bybit Ends Crypto Withdrawals and Custody Services in France appeared first on CoinGape .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约