ChainCatcher news, Bybit announced that it will terminate withdrawal and custody services in France starting from January 8, 2025. After January 8, 2025, users with asset values of 10 USDC or below will be charged a fee of 10 USDC 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.

ChainCatcher news, Metropolitan Commercial Bank (MCB) announced its decision to exit the vertical industry related to crypto assets. MCB stated that this decision was made after careful review by the board and management, reflecting the latest developments in the crypto asset industry and significant changes in the regulatory environment regarding banks' participation in crypto asset-related businesses.According to MCB, it will minimize the impact of the exit, as its current four cryptocurrency clients account for approximately 1.5% of its total revenue and 6% of its deposits. (source link)