Bybit, Returned to the UK Market After Two Years

BlockBeats News, December 19, the cryptocurrency exchange Bybit stated that after being forced to exit the UK in 2023 due to more stringent regulations on promoting and marketing cryptocurrency services, it has now returned to the UK market. On December 18, it reopened its services, including 100 spot trading pairs, to UK users.

Mykolas Majauskas, Bybit's Senior Policy Manager, stated: "The UK has one of the world's most sophisticated financial ecosystems, and its clear regulatory direction makes it an ideal environment for responsible innovation. In the coming months, we hope to reflect this spirit of innovation by launching new products tailored to the needs of UK users, always operating within a framework that prioritizes transparency and compliance."