Summary
- The French Financial Markets Authority (AMF) announced the removal of global cryptocurrency exchange Bybit from its regulatory blacklist.
- Bybit was blacklisted since 2022 due to non-compliance with local regulations but achieved removal through negotiations.
- Bybit announced plans to pursue a Markets in Crypto-Assets (MiCA) license for expansion into the European Union.
The French Financial Markets Authority (AMF) has removed global cryptocurrency exchange Bybit from its regulatory blacklist.
According to CoinTelegraph's report on the 14th (local time), Bybit was placed on AMF's blacklist in May 2022 for non-compliance with local regulations. However, Bybit CEO Ben Zhou has achieved the removal from the blacklist through negotiations with regulatory authorities.
Following this achievement, Bybit plans to pursue obtaining a Markets in Crypto-Assets (MiCA) license to expand into the European Union.
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