Bybit’s exit from the UK is a direct response to the new marketing regulations introduced by the FCA.
From Oct 1, Bybit stops new customer sign-ups, and starting Oct 8, existing customers will have restrictions.
Dubai-based cryptocurrency exchange Bybit has announced its decision to suspend operations in the United Kingdom in response to recent regulatory developments. The move comes after the Financial Conduct Authority (FCA) introduced new marketing regulations for crypto businesses.
Due to recent UK regulatory changes, Bybit will suspend its services in the UK. New account applications cease from Oct 1, 2023, 8AM UTC. Existing UK users, please manage your positions before Jan 8, 2024, 8AM UTC. #Bybit
Find out more here: https://t.co/ubKN3NrFhE pic.twitter.com/06ucS4giKV
— Bybit (@Bybit_Official) September 22, 2023
Starting October 1, new customers will be unable to open accounts with Bybit. Additionally, beginning on October 8, existing customers will no longer be allowed to
We współpracy z: https://thenewscrypto.com/breaking-bybit-shuts-doors-in-uk-as-crypto-rules-tighten/
