Crypto exchange Bybit returns to UK after 2-year break with 100 crypto trading pairs
Bybit, the second-largest cryptocurrency exchange by volume traded, said it has returned to the U.K. two years after stricter rules around the promotion and marketing of crypto services forced it out.
The company, which boasts some 80 million users worldwide, restarted U.K. services including spot trading on 100 currency pairs on Thursday, the company said .
The Financial Conduct Authority (FCA) has been vigilant in regulating advertising and marketing of crypto services to British residents. Rules it introduced in October 2023 led to several crypto firms ending operations in the country. A change of tone might be on the cards, however, after the government said it intends to establish a crypto rulebook by 2027.
“The UK is home to one of…
