Rich by Coin

Bitget’s decision to discontinue services for French residents underscores the ongoing regulatory tightening under the European Union’s Markets in Crypto-Assets (MiCA) regime. The move, effective March 31, 2026, comes as exchanges navigate complex requirements designed to enhance investor protections, AML/KYC standards, and cross-border consistency. OKX highlights its proactive approach to regulatory compliance, investing in robust controls and collaboration with regulators to ensure continued access to European markets while balancing innovation with user protection. For French users looking to relocate assets, OKX provides a clear transfer path, including steps to move funds from Bitget to OKX and deadlines that affect asset handling after March 31.

As MiCA frameworks mature globally, exchanges like OKX position themselves to deliver secure, compliant services while fostering continued crypto innovation across Europe. Bitget has announced the discontinuation of services for French residents effective March 31, 2026, in response to MiCA obligations. The move highlights the EU’s tight regulatory tightening of the crypto sector and signals a broader migration path for exchanges operating in Europe. OKX emphasizes its commitment to compliant, secure services across Europe and provides a clear asset-transfer process for affected users.

OKX notes its proactive compliance framework, including enhanced KYC/AML controls and collaboration with regulators to balance innovation with user protection. The company offers a straightforward transfer path: sign in to OKX, go to Assets and Deposit, select the cryptocurrency and network, copy the OKX deposit address, paste it into Bitget’s withdrawal screen, and confirm the transfer. This guidance accompanies the regulatory context, helping users relocate assets before MiCA deadlines. Key dates accompany the transition: March 16, 2026, Bitget stops accepting new orders and deposits from French users, and March 31, 2026, all remaining open positions will be liquidated and pending orders cancelled.

After March 31, unwithdrawn assets above 10 USDC will be transferred to a third-party platform. As MiCA-style regulation matures globally, exchanges like OKX aim to provide secure, compliant access to European markets while continuing to foster crypto innovation.