Bybit is saying "au revoir" to French users, halting withdrawal and custody services by Jan. 8, 2025, due to increased regulatory scrutiny. ๐ง French users, grab your funds before they vanish like a magician's rabbit! Unclaimed assets over 10 USDC will magically reappear at Coinhouse, a licensed custodian. But beware, balances under 10 USDC face a disappearing act with a 10 USDC fee. Coinhouse will hold the assets until users complete a KYC process. France's crypto regulations are tightening, aiming for a Houdini-proof market. Keep your crypto close and your KYC closer!
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