Cryptocurrency Q&A
Is Bybit legal in France?
Is Bybit legal in France?
emma_carter_doctor
Sat Jun 08 2024
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7 answers
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Could you please clarify for me if Bybit is considered legal in France? I've been hearing different opinions on this matter and it's causing some confusion. As a cryptocurrency enthusiast, I'm keen on understanding the legality of such platforms in my country. Could you elaborate on the legal status of Bybit in France, taking into account any relevant regulations or rulings? Your insight would be greatly appreciated.
7 answers
ethan_lewis_journalist
Mon Jun 10 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that comply with global regulatory standards. Its services include spot trading, futures trading, and a secure wallet for storing digital assets.
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Riccardo
Mon Jun 10 2024
France, for instance, has strict regulations governing the provision of digital asset services. Any entity offering such services within the country must obtain the necessary authorisation.
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DigitalDuke
Mon Jun 10 2024
BYBIT, a leading cryptocurrency exchange, has gained a reputation for offering a comprehensive suite of services to its users. However, it's important to note that BYBIT is not authorised to provide its services in France.
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Sofia
Mon Jun 10 2024
This means that French residents and entities are not permitted to use BYBIT for any digital asset transactions. This restriction applies to all aspects of BYBIT's operations, including trading, deposits, and withdrawals.
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GeishaWhisper
Mon Jun 10 2024
It's advisable for French investors interested in cryptocurrency to seek authorised exchanges operating within the country's regulatory framework. These exchanges are required to comply with strict rules and regulations, ensuring the safety and security of investors' funds.
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