Saturday, June 7, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Bybit removed from AMF blacklist, eyes MiCA compliance for EU growth

February 14, 2025
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0
Home Crypto Exchanges
Share on FacebookShare on TwitterShare on E Mail


Bybit CEO Ben Zhou has confirmed that the crypto trade is not on the blacklist of France’s monetary regulator, the Autorité des Marchés Financiers (AMF).

This follows over two years of engagement with the regulator to handle compliance considerations.

In a Feb. 14 submit on X, Zhou stated:

“After greater than 2 years of working with the French regulator by way of a number of remediation efforts, BYBIT is now formally faraway from France AMF blacklist.”

Bybit confronted regulatory challenges in France, resulting in the suspension of its operations within the nation in 2024.

On the time, the AMF warned traders that the platform was not registered and even thought of authorized motion because of its non-compliance.

MiCA compliance

Following its removing from the blacklist, Bybit is now working towards securing a Markets in Crypto-Property Regulation (MiCA) license for operations within the European Union.

MiCA, which took impact this yr, is the area’s first complete crypto regulatory framework.

It establishes unified guidelines for crypto companies, enhancing shopper safety, stopping market manipulation, and guaranteeing regulatory compliance.

A number of main crypto corporations, together with Crypto.com, Coinbase, Gemini, MoonPay, Kraken, and OKX, have obtained the mandatory licenses to proceed serving European customers.

Adapting to institutional demand

In the meantime, Bybit can also be restructuring its buying and selling companies by migrating its Choices platform to Tether’s USDT. The transfer goals to spice up liquidity and cater to the wants of institutional merchants.

Zhou highlighted that the transition was pushed by market demand for a extra secure and environment friendly buying and selling surroundings.

USDT, the biggest stablecoin with a market cap exceeding $140 billion, is extensively utilized in crypto buying and selling because of its liquidity and worth stability.

Bybit’s shift to USDT-based Choices buying and selling is predicted to draw institutional traders in search of enhanced market effectivity.

Talked about on this article



Source link

Tags: AMFBlacklistBybitComplianceEyesGrowthMiCAremoved
Previous Post

Warren Slams Musk and Trump for Gutting Consumer Watchdog

Next Post

Brian Armstrong’s 2030 crypto prediction

Related Posts

Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto
Crypto Exchanges

Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto

June 6, 2025
Is Starbucks a Turnaround Candidate?
Crypto Exchanges

Is Starbucks a Turnaround Candidate?

June 7, 2025
Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy
Crypto Exchanges

Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy

June 5, 2025
Silver Set for a Major Breakout
Crypto Exchanges

Silver Set for a Major Breakout

June 5, 2025
Tether invests in Orionx to boost stablecoin use in Latin America
Crypto Exchanges

Tether invests in Orionx to boost stablecoin use in Latin America

June 3, 2025
Ray Dalio’s All Weather Portfolio in 2022: Resilience and Adjustments
Crypto Exchanges

Ray Dalio’s All Weather Portfolio in 2022: Resilience and Adjustments

June 4, 2025
Next Post
Brian Armstrong’s 2030 crypto prediction

Brian Armstrong’s 2030 crypto prediction

Hashdex Launches Nasdaq-Listed Crypto ETF With Bitcoin and Ether Exposure

Hashdex Launches Nasdaq-Listed Crypto ETF With Bitcoin and Ether Exposure

Feel Good Friday: Elon Musk Checkmates Sam, XRP, Is Marriage a Rugpull?

Feel Good Friday: Elon Musk Checkmates Sam, XRP, Is Marriage a Rugpull?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In