Bybit Withdraws from French Market Amid Regulatory Pressures and MiCA Implementation
From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.

From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.
These effects are most pronounced when new financial assets are close substitutes for existing financial assets.
It will implement MiCA in December 2025, six months ahead of the deadline.
Kenyan government to introduce Digital Identification system, promising streamlined access to services and enhanced commerce.
The digital ruble will serve as an additional form of the Russian national currency, alongside physical cash and non-cash transactions, beginning from August 1, 2023.
A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.
Babylon’s founder said several liquidity pools and BABL tokens price were severely impacted, which contributed to the decision.
After Kelly Strategic Management submitted an application for an ether futures ETF, analysts questioned whether US SEC Chairman Gary Gensler was "mentally prepared" to approve any product other than BTC futures products.
The asset manager said it would buy “exchange-traded protective puts” and sell “exchange-traded calls on bitcoin futures and/or bitcoin-related ETFs.”
Interviewed by Cointelegraph at the Paris Blockchain Week Summit on Wednesday, Helen Hai recalled the empowering support she received from Changpeng Zhao when pitching the initial idea for what has become a multi-million-user platform.