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French Securities Regulator Warns Investors Against Crypto Exchange Bybit

France's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France. In a Thursday notice, the Autorité des Marchés Financiers (AMF) said that the exchange was not registered as a digital asset service provider (DASP) and was therefore offering its services illegally in France. The warning from the AMF echoes a similar warning against Bybit by Hong Kong’s financial regulator – in March, the SFC added Bybit to its list of suspicious crypto exchanges and warned the public.

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