On December 19, cryptocurrency exchange Bybit announced that it has returned to the UK market after being forced to withdraw from the UK in 2023 due to stricter regulations on the promotion and marketing of its crypto services. On December 18, it relaunched its services, including 100 spot trading options, for UK users.
Mykolas Majauskas, Senior Director of Policy at Bybit, said: “The UK boasts 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 embody this spirit of innovation by launching new products tailored to the needs of UK users, always within a framework that prioritizes transparency and compliance.”
