French Regulator Warns Investors: Bybit Operated ‘Illegally’

The French securities regulator, the AMF, has again cautioned crypto investors that Bybit is blocked nationwide.

The French securities regulator, the AMF, has again cautioned crypto investors that Bybit is blocked nationwide.

Key Takeaways In a surprising twist, the individuals behind the $8.5 million hack of Platypus Finance in February 2023 have been acquitted by a French court. The court’s ruling suggests that their use of a flawed smart contract doesn’t quite…

Key Takeaways Netherlands-based cryptocurrency exchange Bitvavo has received regulatory approval from France’s Autorité des Marchés Financiers (AMF) to operate as a digital asset service provider, paving the way for the platform to extend its services to French users. This development…

Worldcoin is being investigated by the French privacy regulator CNIL because of suspicions that the company's methods for gathering and storing data may not be totally lawful.

Binance is suspected of offering digital asset services to local clients without authorization and carrying out inadequate money laundering inspections.

The AMF stressed that only crypto firms who have been approved under the MiCA regulation will be able to benefit from the European passport and provide their services across all EU member countries.

French officials searched the Paris headquarters of five banks on Tuesday on suspicion of tax fraud.

The French authorities has detained two suspects in connection with the Platypus exploit and confiscated cryptocurrency worth 210,000 euros.

The investors claim to have lost more than 2.4 million euros following the TerraUSD collapse, which Binance widely advertised as US dollar-backed stablecoin