PANews reported on December 17 that according to official news, the crypto exchange Bybit announced that it will terminate withdrawal and custody services in France from January 8, 2025. After January 8, 2025, users with assets worth 10 USDC or less will be charged a 10 USDC fee and have their accounts closed. For users with assets exceeding 10 USDC, BYBIT will initiate the transfer of any remaining funds to Coinhouse, and subsequent withdrawals will need to be processed through their platform.

Earlier in August, it was reported that the cryptocurrency exchange Bybit would stop providing products or services in France.