The suspension compelled Bybit to initiate a comprehensive compliance review in response
Hidden Road, a prime brokerage backed by Citadel Securities, has suspended client access to the cryptocurrency trading platform Bybit due to disagreements over know-your-customer (KYC) and anti-money laundering (AML) requirements.
The platform was blacklisted in May 2022 for non-compliance with French regulations
The hurdles Binances is facing are reshaping the competitive dynamics in crypto exchanges, paving the way for other players to rise