Crypto Exchange Bybit Withdraws From France in Response to Regulations

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Crypto Exchange Bybit Withdraws From France in Response to Regulations
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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

Crypto exchange Bybit said it will be withdrawing its services from France in response to regulations in the country.

From Aug. 2, French users will no longer be able to purchase any products from Bybit or add to their positions. All deposits to French users accounts will also be restricted.

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