The head of Bybit Ben Zhou (Ben Zhou) confirmedthat the company no longer appears in the black list of AMF “non-authorized companies and websites.” The head of the exchange added that Bybit has been working on the elimination of the remarks of the French authorities for more than two years and now intends to obtain a full -fledged license for the provision of services under the European Law on Crypto Activates (Mica).
Zhou added that more than 20% of the trade volumes of the platform are traditionally in Russia and the CIS countries. So, according to the results of last year, the share of Russian traffic on the crypto officer Compiled About 26%. At the same time, the company is interested in the full-fledged presence in the European market, which accounts for about 30-35% of its bidding.
Despite a certain success in the European Union, the exchange continues to face normative problems in other regions. In Malaysia, the securities regulator ordered her stop Operations, while a financial intelligence unit India Paid The BYBIT FinTECH company is a fine of 9,270,000 rupees ($ 1 million) for violating the requirements of the Law on Combating Money laundering.
Source: Bits
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