Bybit to Restrict Services for EEA Residents in Regulatory Move
Bybit will progressively limit certain global services for EEA residents to align with regulatory requirements. Users will retain access to their assets.
Bybit has announced it will gradually restrict select services for residents of the European Economic Area (EEA) as part of ongoing efforts to comply with local regulations. The exchange did not specify which services would be limited or provide a timeline.
Affected users will continue to have full access to their funds, the company stated. This move mirrors similar actions by other crypto platforms adapting to the European Union's Markets in Crypto-Assets (MiCA) regulatory framework.
Source: Cointelegraph